Asia Pacific
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Chinese pork producer Muyuan Foods has set the ball rolling on its debut $200m offshore loan. -
Metals and mining company Vedanta Resources is seeking a bridge loan of $2bn to $2.5bn to take its India-listed subsidiary private.
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Asia’s investors see plenty of value in the region’s dollar bonds amid the ongoing volatility, but warn that default concerns are rising.
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China’s move to enact a controversial security law in Hong Kong is clearly bad news for the special administrative region. But it will also hurt mainland China.
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Chinese online payments platform Yeahka rode on strong demand from both institutional and retail investors for its Hong Kong IPO, to price the HK$1.64bn ($211.9m) deal at the top of guidance.
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DCM bankers are expecting a reasonably busy week for deal flow in Asia, as markets slowly stabilise and bond investors try to look past recent volatility.
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Burning Rock Biotech is planning to float on Nasdaq for as much as $100m.
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Bank of America has promoted Anvita Arora to co-head of Asia Pacific equity capital markets, according to a memo seen by GlobalCapital Asia.
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In this round-up, China’s top government officials, including president Xi Jinping, discuss key economic targets and a fiscal stimulus package, and foreign minister Wang Yi warns the US against a ‘new cold war’.
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Chinese internet giants JD.com and NetEase are targeting mid-June to launch their respective Hong Kong listings, according to sources familiar with the matter.
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Bank of the Laos PDR is in talks with banks for a new borrowing, returning to to the offshore loan market after raising two deals last year.
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A quartet of SSAs borrowed a combined A$940m ($613.4m) into the Kangaroo market this week, spurring the SSA Aussie dollar market on to its best monthly volume in over nine months.
