Asia Pacific
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Bank of China sold one of its high-profile multi-currency, multi-tranche bond deals on Wednesday. The trade, which spanned five of the bank's global branches, raised a combined $2.35bn. -
Freelance financial journalists in China have found a new source of work — disgruntled wives out to shame their husbands.
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The government of Malaysia has made a triumphant return to the bond market, raising $1.3bn from a dual tranche sukuk. The inclusion of a sustainability label meant a diverse set of investors flocked to the trade, allowing the sovereign to surpass its initial size goal. Morgan Davis reports.
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Meituan, a Chinese food delivery company, raised $10bn this week from a combined equity placement and convertible bond issue. Investors flocked to the deal for the investment grade rating and the offer of a highly liquid and volatile stock. Jonathan Breen reports.
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China Gas Holdings fell by more than 11% on Thursday after it raised HK$11.66bn ($1.5bn) from the sale of new shares through a top-up placement.
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Three Chinese corporate borrowers raised a combined $757m from the offshore bond market on Wednesday.
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Schrantz steps up for Citi in HK — Goldman appoints China IBD co-head – Natixis adds to global markets – GS hires for southeast Asia FIG – Citi to grow Apac WM
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Citi has named Alex Schrantz as head of banking, capital markets and advisory (BCMA) for Hong Kong.
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China Gas Holdings has kicked off a top-up share placement, eyeing up to HK$12.05bn ($1.55bn), according to terms seen by GlobalCapital Asia.
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Chinese financial technology platform Futu Holdings has raised $1.24bn from a follow-on offering of its American depository shares (ADS). The issuer was able to navigate volatile markets thanks to support from a large global fund.
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Kaisa Group Holdings paid a new issue concession of about 10bp for a $200m tap of one of its existing deals, appealing to investors amid recent pressure on Chinese bonds in the secondary market.
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Goldman Sachs has picked a new co-head for its investment banking division in China, according to an internal memo.
