Asia Pacific

Debt bankers and investors focused on Indonesia are eager to put the year behind them, after elections and a big dollar bond default dented issuance volumes. But they are optimistic about 2020, believing that the southeast Asian country could live up to its potential as a hotbed of high yield borrowing. Morgan Davis reports.

Environmental protection services provider Shenzhen Leoking Environmental Group has set the ball rolling for a Hong Kong listing, having filed draft documents with the bourse.

Ucommune Group Holdings, a shared work-space provider similar to US firm WeWork, is planning to list on the New York Stock Exchange, according to a filing with the US regulator.

GlobalCapital China, previously GlobalRMB, is pleased to announce the winners of its annual capital markets awards, honouring the banks, companies and individuals that have made the biggest contribution to bridging the gap between China’s markets and the rest of the world. In part one of the awards, we reveal the most impressive issuers in the FIG, corporate and SSA categories.

Five years after its launch, GlobalRMB has now rebranded as GlobalCapital China. But while our name has changed, our coverage focus has not.

In part three of GlobalCapital Asia's awards results announcements, we reveal the winning bond deals across a variety of categories. In addition, we also name the Best G3 Bond House, Best High Yield Bond House and the winner of the Best House for SRI Financing.

HSBC has named two bankers as global co-heads of its debt capital markets team, replacing Jean-Marc Mercier. It is also planning to open two new desks.

The US financial regulator has permanently barred former Goldman Sachs executive Tim Leissner from the securities industry, for his role in the 1MDB scandal.

Equitas Small Finance Bank is planning a listing of new and secondary stock in India, having filed a draft prospectus with the market regulator on Monday.

Rising defaults by Chinese firms onshore have triggered sell-offs in numerous parts of the dollar bond market over the past few weeks. But international investors appear too complacent about the health of some of the largest debt issuers from the mainland. More scepticism is needed.

A subsidiary of Indonesian conglomerate CT Corp is talking to banks for a $750m refinancing loan, according to bankers close to the situation.

John Lee will become sole head of Greater China global banking at UBS next year, after co-head Xuewen Bi steps down from his day-to-day managerial job.