Bank of China

China General Nuclear Power Corp (CGNPC) is eyeing the dollar bond market for the second time this year, having mandated banks to work on investor meetings.

Beijing Automotive Group (BAIC) and Rizal Commercial Banking Corp (RCBC) are venturing into the international debt market, opening books for their respective euro and dollar bonds.

Bookrunners on a S$192m ($137.8m) loan for Citic Envirotech are sounding out a select group of banks to join the deal in syndication.

In this round-up, the Swiss franc set to become directly convertible with RMB, CCB gets a Zurich branch, QDII2 could launching in Shanghai FTZ, booming RMB trade in Korea, Los Angeles tries to get the edge, DBS launches in Qingdao to leverage Belt and Road plans, and CSOP launches two new China ETFs in New York.

Sino-Singapore Tianjin Eco-city (SSTEC) has completed its debut foray into the offshore bond market this week, raising Rmb1bn ($157m) from a three year offering. The debutant was able to piggyback on the success of recent dim sum outings from Chinese financial institutions.

Sino-Singapore Tianjin Eco-city (SSTEC) opened books on Thursday morning for a three year debut offshore renminbi deal, which comes with a standby letter of credit from Bank of China’s Singapore branch.

Bank of China (BoC) launched a new renminbi bond index simultaneously in London, Beijing and Singapore on October 20. The index is aimed at getting more foreign investors buying onshore bonds and in turn further boost the use of RMB globally, Le Yan, deputy general manager of Shanghai RMB trading unit, financial markets department at Bank of China, told GlobalRMB.

China Reinsurance priced Hong Kong’s third largest IPO of the year at the top of the range to raise HK$15.58bn ($2.01bn), drawing an outpouring of interest from global investors. The trade has buoyed hopes among ECM bankers, as they seek to put a sullen summer behind them.

Dongfeng Motor Group made a successful offshore debut with a euro-denominated bond this week, which is expected to provide a benchmark for Chinese auto companies eyeing euro notes.

Dongfeng Motor Group is set to make its debut in the euro-denominated bond market on Tuesday, as the company aims to raise proceeds to pay back part of a bridge loan in the currency.

China Reinsurance priced Hong Kong’s third largest IPO of the year at the top of the range to raise HK$15.58bn ($2.01bn), drawing an outpouring of interest from global investors. The trade has buoyed hopes among equity capital markets bankers as they seek to put a sullen summer behind them.

Beijing Environment Sanitation Engineering Group Co (BESG) has mandated banks ahead of launching a roadshow next week in Asia and Europe.