Asia Pacific

China Renaissance, the boutique investment bank founded by Fan Bao, is bookbuilding for a Hong Kong IPO to raise around HK$3bn ($377m).

Hong Kong and Shanghai-listed Huatai Securities is seeking shareholder approval to spin-off AssetMark Financial Holdings through an IPO in the US.

As an old-school, retired banker, I never had to face too much pressure from technology or compliance, both of which seem to be taking over the lives of young bankers.

Asia’s Basel III compliant additional tier one market is set for a turnaround after a quiet year, following Bank of China (Hong Kong)’s $3bn issuance this week. As the pipeline builds up, bankers are predicting a pick-up in deal flow as early as next month, writes Addison Gong.

JPM names new HK CEO — Citi loses syndicate banker — HSBC kick-starts sustainability programme — Alantra beefs up China team — State Street names markets head — Luxembourg, Shanghai partner for green bonds

Two Chinese companies, CMBC Capital and Luye Pharma Group, are tapping the offshore loan market for the first time, seeking HK$1.4bn ($178m) and $300m respectively.

A week of turmoil in emerging market stocks could not dampen investor enthusiasm for China’s biggest post-summer IPOs, as issuers used a mix of tight cornerstone allocations and compelling equity stories to get across the finish line. John Loh reports.

Agricultural Bank of China International raised $800m from a fixed and floating combination deal on Wednesday.

Barclays was looking to sell two tranches of callable senior debt in the yen market this week, following a similar total loss-absorbing capacity (TLAC) eligible offering from HSBC in Japan.

An extensive global roadshow paid off for Bangkok Bank’s dual-tranche $1.2bn outing on Wednesday, with a strong turnout from accounts in the US as well as Asia.

X Financial opened books on Thursday for a $121m listing on the New York Stock Exchange, as bankers believe the worst is over for China’s beleaguered peer-to-peer lending sector.

Emerging market investors are on edge, and rightfully so, as Turkey, Argentina and South Africa face up to serious economic problems. In Asia, that has triggered outflows — and risk aversion — from Indonesia, which is in a much stronger shape than its peers. But the volatility presents an opportune time to scrutinise the south-east Asian country closely.