Asia Pacific

Hong Kong’s Securities and Futures Commission has hit UBS and its securities unit with a combined HK$11.55m ($1.5m) in fines for regulatory breaches.

Indian agribusiness company Adani Wilmar has filed draft documents with the securities regulator for a Rp45bn ($605.6m) IPO.

An international consortium is seeking a $275m loan to support its acquisition of DuPont Clean Technologies.

Indian power finance company REC, formerly known as Rural Electrification Corp, has mandated five banks for a $600m loan.

Korea Midland Power Co steered its $300m bond through tough market conditions on Monday, having little option but to offer investors a premium to ensure decent secondary performance of its notes.

US-listed hybrid electric vehicle maker Li Auto has hit the road for its Hong Kong secondary listing. The deal could raise around HK$13.1bn ($1.68bn) based on the last close of its US stock.

Beijing Hyundai Auto Finance Co has kicked off its onshore auto loan ABS issuance for the second half of the year, returning with yet another revolving deal under the Autopia China series.

PB Fintech, parent of online insurance platform Policybazaar, has filed initials documents for a Rp60.17bn ($809.2m) IPO in India.

China’s securities regulator is pushing for closer co-operation with the US Securities and Exchange Commission to support overseas listings.

Online music platform Cloud Village is drumming up demand for its Hong Kong listing, according to a source familiar with the matter.

In this round-up, China’s official manufacturing Purchasing Managers’ Index (PMI) fails to meet expectation in July, the US puts additional information disclosure requirements in place for Chinese IPO hopefuls, and foreign financial institutions continue expanding in the Mainland.

Macau's Luso International Bank sold an additional tier one bond last Friday, raising $248m.