Asia Pacific

HSBC has appointed Hamish Kelly as head of global banking for Australia, replacing Chris Russell, who recently took over as chief executive for New Zealand.

The recent reforms to liberalise China inbound investments have reignited discussions about a merger of the qualified foreign institutional investor (QFII) scheme with the RMB QFII (RQFII) initiative. News emerging today suggests regulators are keen to move forward with the harmonisation of existing rules.

Chinese search engine company Baidu is dipping its toes into the international loan market for a $1bn debut fundraising, following in the heels of other technology majors like Alibaba Group and Tencent.

Concord New Energy Group has become the first non-financial issuer to sell a green bond in China’s domestic debt market.

Bank Nederlandse Gemeenten, FMO, Japan Bank for International Cooperation and the Province of Quebec all hit screens on Monday for forthcoming dollar deals, with bankers remarking that the SSA market could be set for another hectic week.

Vitol-KazMunaiGas has received more than $3.5bn in commitments from lenders for its prepayment facility loan.

Indian IT company 3i Infotech is aiming to issue foreign currency convertible bonds to refinance a pair of outstanding equity-linked notes, according to a filing with the Bombay Stock Exchange (BSE).

Shanghai-listed Guotai Junan Securities Co said its vice-president has left the firm for personal reasons.

The CNY NDIRS curve is steeper after a stronger CNY fix backed light offers in the short end while improved price data triggered paying around the five year tenor. Meanwhile, Nigeria is considering issuing a Panda bond, writes Deirdre Yeung of Total Derivatives.

The volatility in renminbi markets has meant local corporates have had to adjust their expectations for the RMB, but Commonwealth Bank of Australia is seeing the currency growing in popularity.

Sukuk investors are getting ready to welcome Malaysia's dollar offering, with the sovereign hiring four banks to organise a global roadshow.

Onfem Finance, a wholly owned subsidiary of Minmetals Land, has hit the loan market for a HK$3bn ($386.7m) four year financing.