Asia Pacific

A broad range of Chinese issuers have mandated banks to arrange roadshows in Hong Kong and Singapore early next week ahead of their dollar bond transactions.

Chiyu Banking Corp and Orient Securities Co have mandated firms to run new dollar bond deals, with roadshows set to start on Monday.

Jianpu Technology appears to have made the right call to price its $180m IPO on the New York Stock Exchange below the initial range, after its shares traded up on their debut on Thursday.

The People's Bank of China (PBoC) conducted its largest weekly liquidity injection since January, the Stock Connect scheme celebrates its third anniversary this week, the Chinese authorities have extended a capital gains tax waiver, and Neuberger Berman was granted a private fund management licence for its China operation.

A technical document designed to connect China’s green bond market with that of the Western world could also be a first step in building a globally coherent green bond market, in which bonds of different kinds are more comparable.

China’s eye-catching decision to raise the limits on foreign ownership of domestic financial institutions looks like a seismic shift in policy. But bankers and analysts remain sceptical about how much difference the move will make — especially in the banking sector. Noah Sin reports.

I spend a lot of my time bemoaning how hard bankers have it today, as shrinking bonus pools and ever-increasing compliance chip away at the joys of investment banking. But every once in a while, a friend will show me that it can still provide some perks.

Credit Suisse has seen several senior departures from its Asian equities business, with Nicole Yuen and Ronald Cheung leaving the bank.

Thailand’s state-owned energy giant PTT cashed in its stake in Star Petroleum Refining this week, using a clean-up block trade to raise Bt3.71bn ($112.2m), according to a source close to the deal.

China’s once-hot fintech IPOs are losing some of their sheen, as an apparent crackdown by regulators has forced recent US listings to be priced below their initial range or break issue price. But ECM bankers are not giving up yet, as investor education begins on the sixth Chinese fintech IPO in New York this year. John Loh reports.

Concord New Energy Group, a Chinese wind and solar power company, was forced to pull its planned green dollar bond debut on Wednesday after it was caught in a down market.

Hong Kong’s Wing Lung Bank managed to raise $400m from a Basel III tier two bond on Wednesday, braving increased volatility to find a source of replacement capital.