Asia Pacific

Minsheng Financial Leasing, a subsidiary of China Minsheng Bank, has returned to the loan market for a $300m three year borrowing.

India’s Power Finance Corp raised $300m from a 10 year bullet bond on Thursday. While the issuer was able to pull off a tight price for its second issuance in less than a year, many investors were unconvinced about the credit's worth.

Natixis has made three senior appointments in Hong Kong to support its growing investment banking activities in Asia Pacific.

China’s top policy bodies got behind a loosening of the policy stance to give China’s lagging economy a boost, as Trump’s trade war continues to push the renminbi lower and creating more uncertainty on China’s growth prospects.

Shangde Qizhi Education Group has set the ball rolling for a Hong Kong IPO, having filed a draft prospectus with the city’s bourse on Thursday.

BeiGene priced its IPO in Hong Kong near the top end of guidance on Thursday, raising HK$7.1bn ($903m) from the city’s second biotechnology flotation.

Fitch has assigned an AAA rating to the debut covered bond programme of ING Bank in Australia (INGBA).

HDFC Asset Management Co has raked in Rp28bn ($407.9m) from its IPO after a big show of demand from institutional and non-institutional investors.

Veteran loans banker joins rival — HSBC names new India CEO — SBI Caps pulls out of debt syndication

Mainland telecommunications infrastructure giant China Tower raised HK$54.3bn ($6.9bn) this week after getting its mammoth float across the line at the bottom of guidance.

Chinese local government financing vehicle (LGFV) bonds are making a comeback in both the primary and secondary markets offshore, as the government suggests a shift in priorities from deleveraging to maintaining economic growth. But will the rally last — and for how long? Addison Gong reports.

Your humble columnist is hardly the typical follower of #metoo. I’m an aging colonial with a drinking habit, a Marco Polo Diamond card, and a storied career in the financial markets. But even I occasionally brace at the nonchalant dismissal of the opposite sex.