Asia Pacific

Budweiser Brewing Company Apac has raised HK$39.2bn ($5bn) after pricing its IPO at the bottom of guidance, and partially using an increase option. It was the company’s second attempt at listing in Hong Kong.

Shanghai-based China Pacific Insurance Co (CPIC) has received the green light from its board to list in the UK using the London-Shanghai Stock Connect, becoming only the second Mainland company to do so.

Two Chinese companies tapped dollar bond investors on Monday. One of the most active issuers this year, Zhenro Properties Group, came out with an aggressively priced $300m transaction, while a district-level government financing vehicle sold its debut offshore deal.

Chinese game developer CMGE Technology Group has filed an IPO prospectus with Hong Kong’s stock exchange for the third time and is confident about listing this year.

Korea Development Bank made a billion-dollar outing in the global bond market, and got away with offering very little premium to investors wooed by its safe haven status.

Chinese e-commerce platform Pinduoduo has opened books for a convertible bond backed by its American Depository Shares, in what has become an increasingly popular corner of the equity-linked market.

Ronshine China Holdings, a Hong Kong-listed company, has teamed up with a syndicate of banks for a HK$815.5m ($104m) three year loan.

Kaspi.kz, the largest payments company in Kazakhstan, announced on Monday that it would proceed with an IPO on the London stock exchange after filing a registration document last week.

The Black Sea Trade and Development Bank is set to spark a flurry of regional bank issuance in the Azerbaijani debt markets, as it plans to tap manat investors. Meanwhile, more of Azerbaijan's borrowers are looking in the opposite direction, as they seek to diversify their funding outside of the domestic market.

Thailand’s S Hotels and Resorts has begun meeting investors ahead of its planned IPO, which is set to raise around $200m.

The People’s Bank of China and the Ministry of Finance are both planning returns to the offshore renminbi debt market this week.

South Korean conglomerate Lotte has kicked off bookbuilding for a real estate investment trust IPO, marking the first float attempt in the country since Homeplus Stores pulled its billion-dollar Reit listing earlier this year.