Banks

Australian coal producer Yancoal has begun bookbuilding for its HK$1.54bn ($196.88m) dual listing on the Hong Kong stock exchange, offering its stock at a considerable premium to its domestically traded shares.

Bank of China sold green bonds denominated in yen and offshore renminbi (CNH) last week, ending its long absence in the Japanese market.

iDreamSky Technology Holdings’ HK$990m ($126.5m) IPO has received a quick thumbs-up from investors, with the deal covered and oversubscribed on the first day of bookbuilding.

Technological innovation is dramatically disrupting society at every level, and financial services are no different. It is impossible to predict how technology will evolve, but the most successful banks will be the ones that adapt to become technology companies themselves, says Michael F. Spitz, CEO of Main Incubator, the research and development unit of Commerzbank.

Chinese telecommunications software provider AsiaInfo Technologies launched investor education for its Hong Kong float on Monday.

Shanghai Dongzheng Automotive Finance Co has filed a draft prospectus with the Hong Kong Stock Exchange for its IPO.

French postal operator La Poste saved the corporate bond market in Europe from registering a blank week when it sold its first green bond on Friday. Despite the negative sentiment that had pervaded the market throughout the week, the company paid a new issue concession at the lower end of the range paid by deals the previous week.

A number of sub-investment grade rated property developers and local government financing vehicles (LGFVs) used private-style executions for their public transactions this week — an increasingly popular approach among Chinese bond issuers.

Sinochem Energy has delayed its Hong Kong listing until 2019, according to a source close to the deal.

Yanzhou Coal Mining Co pursued a $275m deal on Thursday, altering its initial fundraising goals to score a tightly priced transaction.

ANZ is relocating a senior leveraged and acquisition finance banker and former head of Asia loan syndications from Singapore to Sydney.

All eyes are on Banco Santander in the run-up to a busy 2019 for additional tier one redemptions. Brutal trading conditions have left the Spanish bank at high risk of becoming the first issuer to leave a deal outstanding past its first call date. Tyler Davies reports.