Asia Pacific

Syndicated loans banker Marilyn Fung has joined Standard Chartered’s loan syndication team in Singapore.

Deutsche Bank has made more changes to its Asia investment bank, including job cuts and new postings for senior bankers, as it shifts the focus of its business.

Hengfeng Bank will soon become the third Chinese bank to be taken into state control, since the People's Bank of China (PBoC) took over Baoshang Bank in May — a move that pushed Hengfeng into a liquidity crunch.

A former co-head of Asia Pacific equity capital markets HSBC Alexis Adamczyk has started work at Far East Consortium International, just months after leaving the bank.

Vietnam’s Mong Duong Finance has launched a $484.71m borrowing into general syndication, in tandem with a bond it issued at beginning of the month.

The Indian government has issued a request for proposals (RFP) for bookrunners to run the listing of Telecommunications India (TCIL).

SDIC Power Holdings will be the second Chinese company to list in London through the Stock Connect scheme with Shanghai, after a China regulator approved the deal.

Excellence Commercial Properties Co made a quick outing to the dollar bond market on Friday, raising $150m in its second offshore debt sale of the year.

In this round-up, China warned Hong Kong’s Cathay Pacific Airways amid intensifying protests in the city, Hengfeng Bank received state backing after Baoshang and Jinzhou moves and the offshore Chinese market experienced the largest outflows since March

Dongxing Securities Co leaned on the support of 19 lead banks to close its $400m bond return against a difficult market backdrop.

In this round-up, China’s positive trade data despite the trade war surprised markets, trading volume in USD/CNH futures hit new highs thanks to the weak renminbi, and the Mainland’s foreign currency reserves fell after two months of growth.

In this round-up, hostility between China and the US continued, the State Council unveiled rules on the Shanghai Free Trade Zone and Beijing said it would intervene if the Hong Kong government fails to calm down the recent unrest.