Asia Pacific

Russian companies are now allowed to list depository receipts in Hong Kong, according to an announcement from the city’s stock exchange.

The Province of British Columbia (BC) has announced price guidance for its upcoming Panda bond, which is set to go live on Thursday.

Shimao Property Holdings has added its name to the growing list of red chip companies that have started to sell Panda bonds, executing a private placement in China’s exchange bond market

London is set to welcome the first Masala bond by an Indian corporate with state-owned Indian Railway Finance Corp (IRFC) picked to lead the way.

A lender has invoked an export performance bank guarantee (EPBG) that backed a $475m borrowing for India’s Alok Industries, leading to a repayment of the amount to all the banks that participated in the deal.

BeiGene is looking to raise $132m from a Nasdaq IPO, with the firm kicking off bookbuilding on Tuesday for what will be the year’s first listing of a Chinese issuer in the US.

Postal Savings Bank of China is looking for as many as three sponsors for its jumbo $10bn-$15bn IPO, having called on banks to underwrite the deal, according to market sources.

Bank of Communications Hong Kong showed that the year's volatile start is no problem for some issuers, bringing a $500m bond this week, which was driven by Chinese bank money. Bankers lauded the trade as BoCom pulled in a six times covered book without having to pay up.

Tata Steel's $1.5bn refinancing has been launched into general syndication after a senior phase that began in early December.

China Nonferrous Metal Mining’s inaugural dollar bond resonated well with investors as the combination of a strong government link, a standby letter of credit and juicy yields proved a winning recipe.

Citic Securities has made Zhang Youjun its new chairman. Tthe appointment follows the disappearance of a string of top bankers due to regulatory probes.

A member of Citi’s Asia Pacific DCM syndicate team in Hong Kong has parted ways with the lender, sources close to the move have told GlobalCapital Asia.