Asia Pacific

Xi'an Municipal Infrastructure Construction Investment Group Corp made an unusual move by coming to the bond market on Friday when investors were waiting for non-farm payroll numbers. But thanks to strong indications of interest, the trade got away successfully.

ICBC Standard Bank has hired Vikram Khanna as head of advisory, a newly created position.

Russian development institution Vnesheconombank signed a Rmb10bn($1.5bn) loan from 10 Chinese banks at the Eastern Economic Forum in Vladivostok this week.

Postal Savings Bank of China has tacked on some 20 bookrunners to the syndicate group for its long awaited $8bn IPO in Hong Kong, which is set to begin pre-deal investor education on Monday.

Xi'an Municipal Infrastructure Construction Investment Group Corp is seeking dollar funding, becoming the latest Chinese local government financing vehicle to hit the bond market.

Two Hong Kong-based loans bankers from Bank of America Merrill Lynch’s Asia Pacific debt solutions team have left the firm.

Housing Development Finance Corp, which became the first Masala bond issuer from India in July, has made a comeback to the market with a tap of its existing note.

In this round-up, a third batch of free trade zones (FTZs) get set to be rolled out soon, Hong Kong RMB deposits reach a three-year low, and the RMB qualified foreign institutional investor (RQFII) scheme adds two in Singapore. Plus, a recap of GlobalRMB's stories this week.

Hong Kong-based investment company Tai United Holdings is planning a HK$3.0bn ($386.8m) rights issue, according to a filing with the stock exchange.

The People’s Bank of China, in collaboration with six other government agencies, has put green financing in the spotlight, releasing guidelines for the establishment of a green financial system.

Veolia Environnement etched its name into the record books this week by becoming the first French company and only the second European corporate to issue a Panda bond.

Chinese auto rental company eHi Car Services has signed up new lenders for its $150m loan that opened for retail participation in May.