Asia Pacific

China’s Zhenro Properties Group wrapped up its first attempt at issuing perpetual bonds offshore this week, selling the note with a senior-to-perp differential that was tighter than some of its higher rated peers.

JP Morgan has made changes to its senior investment banking teams in Asia Pacific.

Sometimes work really can be all fun and games, as some Hong Kong fintech professionals are finding.

BNP promotes Greater China head to lead Apac CIB — New Shanghai tech board launched — China restricts SOE, LGFV bonds — India opens green bond exchange

As the first half of 2019 rapidly approaches, the Hong Kong Stock Exchange appears to have lost a lot of ground to its rival bourses in the US. But the market is more resilient than one might think.

The long-awaited London-Shanghai Stock Connect faced its first test this week as Huatai Securities went on the road with its sale of global depository receipts (GDRs) on the London Stock Exchange. More issuers could follow as mainland investors hunt for opportunities to use their offshore capital, said market participants. Jonathan Breen and Aidan Gregory report.

The Green and Social Bond Principles’ executive committee has decided to leave the Principles unchanged this year, but is publishing three new documents on Thursday to help market participants. It also plans to launch an Advisory Council, to enable it to listen better to the concerns of the market.

Lippo Malls Indonesia Retail Trust made its debut in the dollar market on Wednesday, diversifying its investor base and achieving quite a large deal size at an attractive price.

The Republic of Korea issued a dual-tranche dollar bond on Wednesday, with the shorter dated portion carrying a green and sustainability label.

China Merchants Bank priced three year bonds on Wednesday that were split between a $600m floating rate note (FRN) and a €300m fixed rate tranche.

Chinese private education provider JH Educational Technology has priced its float on the Hong Kong Stock Exchange at the bottom of price guidance amid volatile markets.

It's not often a €1.75bn deal from Volkswagen Leasing is overshadowed in the corporate bond market, though that was the case on Wednesday with Berkshire Hathaway's £1.75bn 20 and 40 year stormer. But Berkshire left euros clear for Volkswagen - it only had Bright Food of China to compete with.