Asia Pacific
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Chinese software company Duiba Group will complete its Hong Kong IPO after local markets close on Monday with bookrunners indicating a final price in the lower half of the guidance range.
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Distressed Chinese oil and gas producer MIE Holdings managed to repay the remainder of a dollar-denominated 2019 bond on time, though the company still faces refinancing pressures.
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In this round up, the Belt and Road Summit 2019 wrapped up on Saturday with numerous deals, monthly industrial profit increased sharply in March and China reported a small capital outflow.
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China’s Car Inc is out with the terms of its new money offer, following the closing of an exchange offer for its existing 2020 notes.
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A substantial and growing proportion of asset managers are asking big oil companies to realign their businesses with the Paris Agreement by moving away from fossil fuels, a survey released on Monday has found. But only a few have set deadlines or thought about what to do if the oil companies fail to comply.
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China International Capital Corp (CICC) priced a $1bn dual tranche bond transaction with the support of 15 banks on Thursday.
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In this round-up, former Bank of China chairman Chen Siqing has been moved to be chairman of Industrial and Commercial Bank of China, China’s gross domestic product (GDP) grew 6.4% and the first batch of funds keen to invest in Shanghai tech board listing have received approval to do so
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Chinese property developer Yango Group Co priced a $150m tap of a recent two year bond on Thursday at a level that 62.5bp inside where the original bond landed less than a month ago.
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In this round-up, numerous agreements were signed on the sidelines of the second Belt and Road Summit, US-China trade negotiations will continue next week and Chinese president Xi Jinping replied to a letter to students from an America high school
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China’s Ascentage Pharma Group International has refiled a prospectus for its second attempt to list on the Hong Kong Stock Exchange (HKEX).
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US-property backed Eagle Hospitality Trust has begun bookbuilding for its Singapore listing, looking to float for a market capitalisation of up to S$957.4m ($703m).
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Profit Reach International, an investment vehicle owned by Chinese billionaire Shen Guojun, has closed a $550m refinancing, attracting 12 participants during syndication.