Asia Pacific

China's Fosun International is planning to spin off and list wholly-owned insurance subsidiary Ironshore, according to a filing with the Hong Kong Stock Exchange.

Latin America development bank Corporación Andina de Fomento (CAF) has made its fourth outing in the Australian dollar market.

Asia's debt market was crowded on Wednesday with three issuers on the hunt for their respective fundraisings ahead of the Easter holiday.

HSBC reigns supreme for the fifth year running as the best overall provider of offshore RMB products and services in the largest and most competitive Offshore Renminbi (RMB) Poll.

In the past week, two Chinese officials have publically acknowledged the possibility of a tax on foreign exchange (FX) transaction to curb capital outflows. Although details on the initiative still scant, views are diverging about whether it is a good measure against foreign speculators or will end up back firing.

Indonesia Eximbank, which had been talking to lenders for the past few weeks for a $500m refinancing, has zeroed in on a group of eight lenders for the new club deal.

Less than two months after Shanghai Pudong Development Bank became the first domestic green bond issuer in China, the lender is set to revisit the market on Friday with a Rmb15bn ($2.3bn) offering.

Syndication has closed for a $975m refinancing for India’s Reliance Industries, with four new lenders coming in.

India’s HealthCare Global Enterprises has raised Rp6.5bn ($97.5m) after pricing its IPO at the top end of guidance, with foreign investors snagging the largest chunk of the trade.

Infibeam is set to be the first e-commerce company to list in India with a deal that could raise Rp4.5bn ($67.9m), but investors have given it a tepid response since books opened on Monday.

China Zheshang Bank has net HK$13bn ($1.7bn) after wrapping up the world’s largest IPO so far in 2016, but had to price low to stay in line with investor interest.

In a further sign that China is opening up its domestic bond market, China Securities Regulatory Commission (CSRC) has allowed the first publically issued Panda in the country’s exchange market.