Asia Pacific

China’s Archosaur Games set in motion its HK$2.17bn ($280.5m) IPO on Tuesday, joined by Cathay Media and Education Group and poultry producer Shandong Fengxiang.

China Bohai Bank has jumped into Hong Kong’s bustling IPO market, opening books for a HK$14.3bn ($1.85bn) listing.

The Hong Kong-listed shares of Semiconductor Manufacturing International Corp (SMIC) opened higher on Tuesday after the company got the nod from the Chinese securities regulator to list on the Star board.

Zhejiang Changxing Financial Holdings Group Co opted for a club-style execution for its $160m maiden international bond on Monday.

Chinese property developer Country Garden is in the process of finalising the bookrunner group for a $1.5bn loan, with bankers already confident the deal will see strong interest from lenders.

Korean Housing Finance Corporation (KHFC) has launched its second social covered bond of the year in euros, setting the spread for its deal in the middle of its guidance range.

Property managers Greentown Management Holdings and Zhenro Services Group launched bookbuilding on Monday for Hong Kong Stock Exchange IPOs.

OcuMension Therapeutics hit the market on Monday with its HK$1.55bn ($200m) IPO, the latest in a stream of healthcare sector listings on the city’s stock exchange.

Taipei-listed Eternal Materials Co has mandated Taipei Fubon Bank for a loan to support its business in Malaysia.

A handful of Indian financial institutions have become the latest fallen angels, as pressure on the country’s economy and firms’ asset quality rises.

Two Asia-focused special purpose acquisition companies (Spacs) are looking to list on the US stock market.

Taiping Financial Holdings Co has become the latest Chinese firm to pay back its outstanding loan early.