Asia Pacific
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HSBC has become the latest bank to create a dedicated team for sustainable finance amid the coronavirus crisis. This is part of a new strategic solutions group, which will also house two other solutions units: one for corporate finance, and one for financial institutions and capital. -
Indian Railway Finance Corp has returned to the Japanese market for a $300m-equivalent Samurai loan.
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Li Auto, a Chinese electric vehicle maker, has opened books for an offering of American Depository Shares (ADS) on the Nasdaq.
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Hong Kong Airlines has deferred a coupon payment on its perpetual dollar bonds.
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Hangzhou Tigermed Consulting, a biopharmaceutical research and development service provider, has covered books on its secondary public offering in Hong Kong on the first day of taking orders.
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In this round-up, China’s industrial profits jump for a second consecutive month, the securities regulator tweaks requirements around information disclosure by listed companies, and the Chinese finance minister says the country must continue to keep government debt risk at bay.
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Philippine oil refining and marketing company Petron has warned its lenders about a potential covenant breach on two of its dollar loans.
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In this round-up, China International Capital Corp plans to boost the size of its Shanghai IPO, the Hong Kong Monetary Authority plays down the impact of the national security law, and the People’s Bank of China revamps green criteria.
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Chinese property developer Fantasia Holdings Group Co took advantage of the favourable market conditions on Thursday to raise money for refinancing. It found more support than anticipated, allowing it to seal a larger $350m bond.
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Philippine real estate company Megaworld Corp raised $350m from bond investors on Thursday.
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Ayala Land Real Estate Investment Trust is set to raise Ps12.3bn ($249.9m) from the Philippines' first Reit listing.
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Manila Water Co managed to make its international bond debut on Thursday despite facing a number of challenges, including looming questions about its future amid a dispute with the Philippine government.
