Asia Pacific
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China’s Ministry of Finance will hold its second offshore renminbi (CNH) bond auction of the year on October 10, when it will tap its first transaction from July. The new Rmb5bn offering will come two weeks after the People’s Bank of China announced plans to also start issuing CNH-denominated bills in Hong Kong.
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Jack Ang is leaving his position as director of bond syndicate at Société Générale to join ANZ, GlobalCapital Asia understands.
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The Hong Kong Stock Exchange is looking to boost governance of listed companies through a new proposal, but is this in the best interest of shareholders? Clawback columnist Philippe Espinasse has his say.
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Fortune Choice is tapping the offshore loan market for a HK$5.2bn ($664m) fundraising to support the development of a residential building in Hong Kong.
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Innovent Biologics is gauging investor appetite for an IPO in Hong Kong that could hit screens by mid-next week, according to a banker on the trade.
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Osotspa’s Bt15.1bn ($465m) IPO in Thailand is heavily oversubscribed with pricing expected to come near the top of expectations.
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Papua New Guinea’s dollar bond sale last week was a landmark for the sovereign, which had toyed with the idea of an issuance for more than a decade. But while PNG deserves praise, its success does not reflect a victory for emerging markets.
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Tencent Music Entertainment Group has started pre-deal investor education for one of the highest-profile IPOs by a Chinese firm in the US this year.
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Natixis has picked two bankers to lead its corporate coverage across Greater China through an internal promotion and a new hire.
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Global volatility has caused Sri Lanka’s Sampath Bank to postpone its proposed subordinated dollar bond issue, it said on Tuesday.
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Hong Kong-based blank cheque company Alberton Acquisition has filed for approval to list on the Nasdaq.
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Indonesian power company Perusahaan Listrik Negara has closed its debut offshore loan after exercising part of the greenshoe option.