Asia Pacific

A $200m equivalent borrowing for Yue Xiu Enterprises has seen commitments worth $300m come in from banks that will avail an extra fee for chipping in ahead of an early bird deadline.

Traders in yen futures may have overreacted to the growth concerns in China, data from the US Commodity Futures Trading Commission (CFTC) has suggested.

China’s A-share market may be experiencing huge volatility this year, but Taiwan investors, are gaining more access investing in Chinese companies as new ETF tracking the Chinese SMEs join the growing suite of ETF products on Taiwan Stock Exchange (TWSE).

A $100m syndicated loan for China Water Affairs Group has closed with over 10 banks piling in, prompting the borrower to consider doubling the size of the deal.

The China Securities Regulatory Commission said it will continue to play an active role in managing the supply of IPOs in Shanghai and Shenzhen, as the authorities back-pedal on market reforms after last week’s equity chaos.

Chinese aluminium manufacturer China Hongqiao Group plans to raise HK$3.8bn ($489.6m) from a rights issue in early February, according to a document filed with the Hong Kong Stock Exchange.

The long-running saga surrounding Kaisa Group Holdings’ offshore debt looks like it could finally come to an end following the launch of a debt restructuring programme.

A $2.5bn loan for Taiwanese major Formosa Plastics Group launched into general syndication last week, with a big chunk to be used to finance projects in Vietnam.

There is no denying markets have given the RMB a rough start to the year. But despite the depreciation pressure on the RMB, the real trend seems to be more market-driven volatility rather than persistent weakening, according to some.

Virscend Education Co has raised HK$1.8bn ($232.2m) after pricing its Hong Kong IPO near the bottom of the range, emerging relatively unscathed from the volatility that rocked global equity markets last week.

South Korea’s financial regulator has identified five domestic systemically important banks (D-SIBs), which will have to meet more stringent capital requirements from this year.

China's Evergrande Real Estate Group started bookbuilding for a new 2019 offering with a fixed price on January 11. The deal comes amid Moody's announcement that it has downgraded the issuer and its debt because of increased financial risk.