Asia Pacific

China Jushi, which makes fibreglass, is seeking a $150m debut borrowing through sole mandated lead arranger and bookrunner Standard Chartered.

South Korean mattress maker Zinus has raised W211.4bn ($180.6m) from its IPO after pricing the deal below the marketed range, according to a source familiar with the matter.

Mapletree Logistics Trust is issuing a block of new shares to raise around S$250m ($183.6m) from investors.

China Huarong Financial Leasing Co and two local government financing vehicles (LGFVs) based in the coastal province of Jiangsu came to the offshore bond market to raise $300m each.

Chiranjeev Kumar is now the head of debt origination for South Asia at Citi, after having previously covered the Southeast Asia business.

ESR Cayman, a warehouse construction firm and lessor, has boldly returned with a bigger IPO target after delaying its first go at listing earlier this year.

Small appliance maker JS Global Lifestyle Co has opened the books for a Hong Kong IPO. It hopes to raise up to HK$3.6bn ($462.1m), according to a source close to the deal.

The Shanghai Stock Exchange (SSE) published the eligibility criteria for Hong Kong-listed dual-class shares to be included in the southbound Stock Connect scheme.

DBS has hired Lance Soh as a senior vice-president in its syndicated finance team.

VPBank Finance has made a quick comeback to the offshore loan market, seeking its third deal this year.

In this round-up, the Shanghai Stock Exchange said it will allow onshore investors to buy Hong Kong-listed dual-class shares, the International Monetary Fund urged the US and China to reach a trade deal and the Mainland securities regulator published guidance on securities houses’ bond underwriting practices.

Ronshine China Holdings added $120m to its coffers on Friday after a tap of its $300m 2023 notes, using up the last of its offshore issuance quota.