Banks

Tianjin Great Wall Binyin Automotive Finance Co has continued its foray into the internationally rated ABS market since its first such deal onshore over a year ago, returning for a Rmb3.2bn ($494m) transaction at the end of last week.

Chinese electric vehicle maker Li Auto has raised HK$11.8bn ($1.52bn) from a secondary listing that received strong support from investors.

Online music platform Cloud Village has delayed its IPO after a week of pre-marketing, according to a source familiar with the matter.

Wells Fargo has informed staff in the US that it is delaying the reopening of its offices in the country as a result of rising Covid-19 cases.

Becton, Dickinson and Co, the US medical technology company, has launched a tender offer on three dollar bonds, after announcing a multi-tranche outing in the euro market.

Crédit Agricole has hired a senior China economist from Bank of America to head up its research team for Asia ex-Japan.

Cement producer Nuvoco Vistas Corp is aiming to raise Rp50.9bn ($686.2m) from its listing of primary and secondary shares in India.

China Telecom Corp has priced its Rmb47.11bn ($7.3bn) A-share listing, a deal that is smaller than expected but will still set a global record for 2021.

China’s securitization market was bustling with deals this week. Toyota Motor Finance (China) Co followed Beijing Hyundai Auto Finance Co to launch a Rmb5bn ($774m) auto loan ABS deal, with two more transactions also in the works.

Gemdale Corp reopened the bond market for high yield Chinese property companies on Thursday with a $480m green deal that landed at fairly 'aggressive' levels.

Philippine property developers Megaworld Corp and Robinsons Land Corp have got approvals from the country’s regulator to float real estate investment trusts (Reits).

South Korea’s stock exchange has approved Hyundai Heavy Industries Co's IPO of around W1tr ($875.4m).