Asia Pacific

China Petroleum & Chemical Corp (Sinopec) fetched $3bn from a multi-tranche dollar deal on Monday that saw a 30 note added mid-way due to reverse enquiry. But unlike its last outing, the oil and gas giant kept the size relatively small in favour of tight pricing.

A long-time investor in Nexteer Automotive Group raised HK$559.8m ($72.2m) from an accelerated share sale on Monday, in what has been an eerily quiet market for block trades in Hong Kong.

Alibaba Group Holdings has wound up its latest five year bullet at an increased size of $4bn after attracting robust demand during general syndication.

Chinese state-owned Jiangxi Copper Co has secured the go ahead from the State-owned Assets Supervision and Administration Commission (SASAC) for A-share and H-share private placements.

Tianjin Rail Transit Group (TRT) is set to sound out offshore debt investors for its debut international bond and has mandated banks for the deal.

China’s currency was approved to become the fifth member of the IMF’s special drawing rights (SDR) basket of currencies last November. While the new basket only becomes effecting in October 2016, China’s central bank has been campaigning worldwide for a greater role for the IMF’s unit of accounting, with the RMB set to benefit from the strategy.

Bank of the Philippine Islands (BPI) has opened its $250m three year debut syndicated loan to retail lenders after expanding the mandated lead arranger and bookrunner group.

Fantasia Holdings Group launched a three year dim sum this morning in a deal that reopens the high yield offshore RMB bond market for Chinese issuers for the first time since August.

China Construction Bank plans to begin trading derivatives and bonds in Singapore, having teamed up with Singapore Exchange to promote the island state’s capital markets to Chinese companies.

In perhaps another sign that there will soon be an announcement on the Shenzhen-Hong Kong Stock Connect, China Exchanges Services Company (CESC) has said its cross-border equity index will be revamped to include shares from the Mainland’s second stock exchange.

Six lenders have joined a $50m two year borrowing for the Cambodian arm of Vietnamese telecommunications company Viettel.

China Renaissance has been given the thumbs up to set up a Mainland securities joint venture by the China Securities Regulatory Commission (CSRC).