Asia Pacific

The much anticipated G20 meeting between Chinese president Xi Jinping and US president Donald Trump in Osaka brought good news to Huawei, US farmers, US high tech companies, and Chinese stock markets. However, key conflicts remain unsolved.

Indonesian power company PLN is set to launch a $1bn loan into syndication this week, after hiring a group of 10 banks to run the deal.

Hutchison Healthcare Holdings has taken home $288m from an enlarged sell-down of shares in Hutchison China MediTech (Chi-Med).

Budweiser Brewing Company Apac has kicked off the roadshow for its up to HK$76.4bn ($9.8bn) Hong Kong listing, on track to be the city’s largest IPO in nearly a decade and the world’s biggest flotation so far this year.

Nomura’s executive director and head of Malaysia investment banking Kit Weng Yip has left to take on a new position at another capital markets firm in the country.

Chinese private higher education provider Edvantge is planning to raise up to $100m from a listing on the Hong Kong Stock Exchange, with bookbuilding set to open on Wednesday.

MUFG Bank has picked Satinder Pal Singh Ahluwalia as managing director of the global commercial banking planning division, a newly created position.

ANZ has restarted its loan syndications business in Europe, hiring two senior bankers in London.

GlobalCapital has launched its poll to determine the 2019 winners of its Sustainable and Responsible Capital Markets Awards. Market participants are invited to participate.

In this round-up, China names a new central bank monetary policy committee member, the People’s Bank of China (PBoC) and China Banking and Insurance Regulatory Commission (CBIRC) jointly issued the first white paper for small and micro enterprises, and the state council reckons more measures are needed for these businesses.

In this round-up, Egypt looks to issue renminbi bonds in the first quarter of 2020, retail investors chased after Suzhou HYC’s Star Market debut, and the regulators gave the greenlight to top brokerages to sell financial bonds in the interbank market.

First Abu Dhabi Bank has courted Taiwanese investors yet again, this time raising $900m from a Formosa bond.