Asia Pacific

CMB International raised $250m from a three year floating rate note on Monday. Bankers and analysts were expecting the deal to reach $300m but despite a well-filled book, the borrower opted to limit its size ambitions.

The Securities and Exchange Board of India has waved through Lodha Developers’ IPO, barely two weeks after putting the transaction on hold.

The European Investment Bank is set to bring the first five year dollar benchmark from an SSA in nearly three weeks — and only the third since the first quarter — after mandating banks on Monday. The issuer will be joined by a triple tranche trade from the Japan Bank for International Cooperation.

Yes Bank is enticing lenders to a $400m three year loan by offering a higher margin when compared to a similar transaction launched in January.

BPCE was active in the Samurai market this week, selling ¥119.5bn ($1.08bn) of notes, the vast majority of which were in the senior non-preferred format and will be used to finance eligible social loans. The French bank is also drafting a new framework for green bonds and two types of social bond.

Hong Kong’s Securities and Futures Commission (SFC) has censured CCB International Capital for its role as the sponsor on Fujian Dongya Aquatic Products’ planned IPO.

Smartphone maker Xiaomi Corp’s debut in Hong Kong fizzled out as its shares tumbled 6% at the open, even as Chinese stocks shrugged off a looming trade war.

Standard Chartered has named Patrick Lee as chief executive officer for Singapore.

CMB International and South Korea’s SK Innovation were taking bids for their dollar bonds on Monday, but despite the early start to the activity, debt bankers expect little else to follow.

The China Europe International Exchange (Ceinex) has released detailed guidelines for Chinese blue-chip issuers hoping to list in Frankfurt through D-shares.

In this round-up, Chinese premier Li Keqiang landed in Germany on Sunday to discuss trade and cooperation, Tradeweb is planning a mid-July solution for executing block trades on the Bond Connect platform, and China increased total qualified domestic institutional investor quotas last month.

Tencent Holdings is planning to list its digital music distribution arm in the US, according to a filing with the Hong Kong Stock Exchange on Sunday.