Asia Pacific

Chinese companies Tianqi Lithium Corp and Yankuang Group Company have set the stage for their offshore transactions, with both hitting the road this week. Qingdao Hengshun Zhongsheng Group Co, meanwhile, has received the green light from regulators for an up to $200m bond.

GAC-Sofinco Auto Finance is returning to the Chinese asset backed securities market seeking Rmb4bn ($602.9m) — its first outing since 2014.

Bank of China has mandated firms to sell a multi-currency green bond through its Paris branch.

Fixed-line telecom operator WTT HK, known as Wharf T&T until recently, is taking bids for a five non call three year bond on Tuesday after drumming up interest through a global roadshow.

Canadian insurance company Manulife Financial Corp kicked off a Singapore dollar-denominated subordinated green bond sale on Tuesday morning local time.

DBS Bank has mandated leads for a euro benchmark, capitalising on very tight spreads, the strong performance of its previous debut and a number of exceptionally well received seven year euro deals that have priced flat to mid-swaps.

Kazakhstan Temir Zholy (KTZ) kicked off this week’s new issues with a 10 year note on Monday as investors begin to dial back risk appetite in order to protect returns as the year end approaches.

The Dubai Gold and Commodities Exchange on Monday announced it had launched 44 Indian single stock futures, giving investors exposure to blue-chip companies.

Map Active, a unit of Indonesia-listed Mitra Adiperkasa, is sounding out banks for a $300m IPO that could take place next year, said a source close to the matter.

Logan Property Holdings and KWG Property Holding, whose joint venture won the bid for a land parcel in Hong Kong in February, have approached lenders for a HK$10bn ($1.28bn) term loan to support the construction of the project, two bankers said this week.

Dalian Wanda Commercial Properties (DWCP) has chalked up a three-pronged plan to address problems related to one of its offshore borrowings. The deal was in danger of being accelerated after the company was downgraded by two credit rating agencies in September.

Singapore Exchange (SGX) on Monday announced the launch of new derivatives products based on the MSCI Emerging Markets and MSCI Emerging Markets Asia indices.