Asia Pacific

Foreign asset managers are still largely undecided on their China strategy, A-shares won the most emerging markets inflows last month, and the Shanghai and Shenzhen exchanges complete the acquisition of Dhaka Stock Exchange (DSE).

India’s JSW Steel has launched a $140m dual-tranche loan into general syndication, with the funds to go towards its acquisition of US-based steel plant Acero Junction Holdings.

Ascendas Real Estate Investment Trust tapped equity investors for S$452.1m ($328.6m) with a follow-on offering on Thursday, its first visit to the market in over two years.

Hansoh Pharmaceutical Group is making a belated attempt to list in Hong Kong some two years after mandating banks.

Banks that deal in Yankees, including Nordea, HSBC and BPCE, raised $16bn in new funding as the market reopened with a bang after the Labor Day holiday.

The Asian follow-on and block markets saw two transactions in Chinese healthcare names this week that raised a total of $250m.

China’s market regulator has released the first set of proposed rules for the long-talked-about London-Shanghai Stock Connect — but whether it represents a real opening up or simply a political manoeuvre is yet to be seen. Jonathan Breen and Paolo Danese report.

Oh, the things investment bankers do to win a pitch. I remember clearly the advent of colour printing, when using flashy designs could make your presentations look extra special.

Nomura hires two in HK — Credit Suisse names north Asia syndicate head — StanChart appoints global commercial banking chief

Two Chinese companies, Grand Baoxin Auto Group and Xinyi Glass, are tapping the offshore loan market for new financings.

China has made little headway in persuading the Russian government and Russian institutions into using the renminbi, as the fate of a sovereign bond in the currency remains uncertain and trading of RMB products stalls. But market participants are not giving up just yet, with a new trading platform set to launch next year, writes Paolo Danese.

Hong Kong IPO hopefuls rushed to file their draft prospectuses with the city’s bourse this week, as the window closes for a launch before the end of the year.