China International Capital Corp

WuXi AppTec’s Hong Kong IPO is set to be yet another test case of investor appetite for biotechnology names, as the company kicked off its chunky HK$7.5bn ($958m) flotation this week. With all eyes on the offering, its performance in both primary and secondary can have ramifications for other listing hopefuls in the city, writes Christie Ou.

Shandong Iron & Steel Group, Excellence Commercial Properties and Sunshine 100 China Holdings completed their offshore fundraising exercises on Wednesday after announcing their deals with final price guidance.

Shanghai Junshi Biosciences has kicked off pre-deal investor education for its Hong Kong listing.

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.

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

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

Chinese online educator Koolearn Technology Holding has launched pre-marketing for its Hong Kong IPO at a time when the mainland government is stepping up regulation of the private education sector.

Chinese local government financing vehicle (LGFV) Sichuan Transportation Investment Group Corp raised $350m from a three year bond on Wednesday, piercing through the secondary trading levels of its closest comparables.

Hong Kong IPO hopefuls Babytree Group and Tongcheng-Elong Holdings announced deals drastically smaller than their initial targets this week. But despite the clear sign of trouble in the market, a few more Chinese companies are considering pushing ahead with their own listings before the end of the month. Jonathan Breen reports.

CSSC Shipping Co, a subsidiary of China State Shipbuilding Corp, has filed a draft IPO prospectus in Hong Kong through sole sponsor CICC.

Chinese technology giant Baidu grabbed $1bn from a bond on Thursday, while a local government financing vehicle (LGFV) in Hunan raised $300m from a deal that was less than twice covered at its peak.

Chinese local government financing vehicle Chengdu Hi-Tech Investment Group Co and real state company Jiayuan International Group both relied on anchor interests for their dollar bonds on Tuesday.