Asia Pacific

China’s Zijin Mining Co has returned to the loan market for an $800m deal to refinance a borrowing used for its acquisition of Nevsun Resources.

FTSE Russell and Singapore Exchange (SGX) have teamed up to offer investors a range of products across asset classes. It follows the termination of an agreement between SGX and MSCI.

UBS reckons it has a hit upon a ‘unique formula’ for growth as it expands its investment banking offering to its high net worth clients, writes David Rothnie.

US food and commodities firm Archer-Daniels-Midland Co has tapped the equity capital markets for the first time in more than a decade, using a concurrent block of Wilmar International shares and an exchangeable bond — with the same underlying stock — to raise $850m. Jonathan Breen reports.

Is the southeast Asian loan market set for a revival? Early signs are positive as borders start to open up and Covid-19 infection cases stabilise, leading to more enquiry from borrowers.

Casino developer Wynn Macau has made a rapid return to the bond market for an $850m deal, riding on an uplift in sentiment following the slow easing of travel restrictions to the Asian gambling hub.

A recent rule change by China's regulators to disclose bond bookbuilding extensions shows that more and more issuers are pushing the bookbuilding periods for their onshore bonds amid a rise in volatility.

Deutsche hires for top job in Vietnam – ANZ names two MDs – Citi Korea CEO to retire

Truly selling a product is about putting your money where your mouth is.

Indian agricultural company Jain Irrigation Systems has appointed Elara Capital (Asia) Singapore as financial adviser for its dollar bond restructuring.

Yangzhou Urban Construction State-Owned Assets Holding (Group) Co continued the tight pricing trend for recent bonds from Chinese local government financing vehicles with a 68bp tightening.

Chinese biotechnology start-up HBM Holdings has filed for approval to float on Hong Kong’s stock exchange.