Asia Pacific

Qinghai Provincial Investment Group Co is expected to be able to redeem its $300m bond that matured on Wednesday, ending months of speculation about its ability to meet its debt obligation.

Thailand Future Fund is due to announce a timeline for its long-delayed IPO next week, with bookbuilding set to kick off in mid-October.

Luxury auto dealership China Zhengtong Auto Services is seeking an up to $150m three year loan, offering banks margin and fees that are identical to a borrowing sealed in January.

Midea Real Estate Holdings has launched its Hong Kong IPO, which could raise up to HK$3.87bn ($495.4m).

DBS has teamed up with Singapore-based Impact Investment Exchange to set up a $100m Women’s Livelihood Bond Programme.

Chinese scooter maker Niu Technologies is planning to float on the Nasdaq for up to $150m, filing a prospectus with the US regulator on Monday.

Ganfeng Lithium is enticing investors to its HK$5.3bn ($678.9m) Hong Kong IPO by pitching it at a juicy discount of as much as 55% to its Shenzhen-traded shares.

Huatai Securities looks set to be the first issuer to test the London-Shanghai Stock Connect, revealing plans to raise at least $500m from a Global Depositary Receipts sale.

Korea Housing Finance Corporation (KHFC) has mandated leads for its first covered bond secured on mortgages with a social cause. For the first time, the borrower is open to issuing in euros.

The lengthy complaint about HSBC management drafted, purportedly, by investment bankers within the firm must be taken seriously and investigated, if its new CEO John Flint wants to win the confidence of the rest of the staff and shareholders.

On Monday evening in New York, a coalition of investors, NGOs and other parties publicly launched the World Benchmarking Alliance, an initiative to give investors free information about which companies are best at bringing about the UN Sustainable Development Goals.

Two €500m deals issued by Commerzbank and ASB Finance went well enough. The New Zealand deal attracted new investors and hit the issuer’s funding target. However, Commerzbank was unable to tighten pricing by much, underscoring the impression that market sentiment had deteriorated slightly.