Bank of China

The October 2015 launch of the cross-border interbank payment system (CIPS) opened the door to creating a global RMB payment infrastructure. But, for now, the limited number of participants involved dampens the new infrastructure's potential impact.

Hong Kong-listed China SCE Property has completed a $400m fundraising via four mandated lead arrangers and bookrunners.

Sistema JSFC, the holding company of a Russian investment firm, has signed a $350m club loan with two Chinese banks.

Chinese technology firm Tencent Holdings has closed its borrowing at $2.45bn, nearly double the original launch size.

Italian oil drilling company Saipem has revealed its bank group following the company's debut loan syndication.

Airport Authority Hong Kong (AA) has tied up a HK$5bn ($645m) five year fundraising with a group of 21 banks that were undeterred by the sub-100bp pricing.

The Singapore Exchange is closing the year on a positive note thanks to BHG Retail Reit, which this week raised S$255.8m ($181m) from the country’s first and only mainboard IPO of the year.

Bank of Zhengzhou has signed on about six cornerstone investors to anchor the bulk of its HK$5.56bn ($717.42m) IPO in Hong Kong, as the leads look to kick off bookbuilding on a strong note.

For the third part of our annual awards, we cover Best Local Currency Bond, Best Securitization, Best High Yield Bond, Best Investment Grade Corporate Bond, Best Financial Bond, Best Sovereign Bond, Best Local Currency Bond House and Best G3 Bond House.

Bank of China’s shareholders have given the go ahead for plans to list subsidiary BoC Aviation on the Hong Kong Stock Exchange.

In this round-up, Hong Kong sees sharp drop in RMB trade settlement in October, PBoC appoints Swiss RMB clearing bank, ICBC Singapore completes first CNH bond repo, CSRC looking at London Stock Connect feasibility, Macau set to introduce RMB clearing system, StanChart joins OTC Clear in Hong Kong. Plus, a recap of our top stories this week.

Philippine property developer DM Wenceslao and Associates, which was expected to open books for its IPO of around Ps10.73bn ($227m) this week, has pulled the plug on the transaction until next year.