Banks

Chaoju Eye Care Holdings is gauging investor appetite for a HK$1.81bn ($233m) listing on the Hong Kong Stock Exchange, becoming the latest healthcare related company to seek an IPO.

The global head of public sector origination at SEB will be moving to New York in September to lead the bank’s fixed income, currencies and commodities (FICC) business in the Americas.

Biopharmaceutical company HutchMed (China) pocketed HK$4.17bn ($537.1m) this week from its Hong Kong IPO.

Beijing Construction Engineering Group sold a tightly priced $600m bond by getting a rating for the first time, a move that made a ‘huge difference’ to the company’s fundraising.

The offshore renminbi (CNH) bond market saw a jump in action this week, with three issuers taking advantage of favourable issuing conditions to roll out deals. Addison Gong reports.

Hong Kong-based Bank of China Group Investment has broken a year-long absence from the Panda bond market, pricing a three year deal this week for refinancing.

The blockchain firsts in capital markets are coming quickly. DZ Bank is marketing a corporate Schuldschein that will run back office functions on a blockchain for the entire duration of the trade — the first time this has been done — while Société Générale’s subsidiary Forge is working on various permutations of trades to be issued using this form of distributed ledger technology. While blockchain tech is still in its infancy, it is set to disrupt capital markets, creating winners and losers.

China Oil and Gas Group’s $400m bond proved popular with investors this week as it offered the high yield market an alternative to property deals from the country.

Hong Kong's CK Asset Holdings, previously known as Cheung Kong Property Holdings, marketed a dual tranche deal worth $600m on Wednesday.

Chinese property company Leading Holdings Group has made its debut in the dollar market with a sub-one year bond.

European companies piled into the bond market on Wednesday with a variety of deals that favoured duration, as buoyant sentiment returned after being sapped by the US Federal Reserve last week.

UK firms Anglian Water and care home company Assura ducked into the sterling bond market on Wednesday, ahead of the Bank of England meeting on Thursday, and both obtained comfortable oversubscription on their benchmark deals.