China International Capital Corp

Chinese regional commercial lenders Bank of Tianjin and China Zheshang Bank are looking to raise a combined HK$23.1bn ($3.0bn) through listings in Hong Kong, with both issuers leaning heavily on cornerstone investors.

Bank of Communications Financial Leasing sealed a popular $1bn dua tranche offering on Tuesday, drawing a huge crowd of investors amid a lack of dollar bonds from China this year.

Malaysian telecommunications giant Axiata Group and Bank of Communications Financial Leasing are looking to tie up their respective dollar offerings on Tuesday with the former executing a sukuk and the latter a conventional bond.

China Zheshang Bank has launched a Hong Kong IPO of up to HK$13.6bn ($1.75bn), which has the potential to be the largest listing in the city so far in 2016.

Manulife US Real Estate Investment Trust (Reit) has rejigged the syndicate for its planned $400m IPO in Singapore, with JP Morgan no longer among the banks working on the deal.

China Zheshang Bank is gauging demand for a $1.5bn-$1.6bn IPO in Hong Kong and plans to launch the trade next week.

Hutchison China MediTech’s (Chi-Med) $100m IPO on the Nasdaq has been oversubscribed three days into bookbuilding, according to sources close to the transaction.

Volkswagen’s record for the tightest priced China auto ABS, set only a fortnight ago, was broken this week. Beijing Hyundai Auto Finance, which made its securitization debut with a Rmb1.5bn ($228m) deal, is the new record holder.

China Railway Rolling Stock Corp hit the equity-linked market this week for $600m, becoming only the second firm to print an H-share CB in Asia since 2007. The deal, which follows a similar issue from a Chinese peer earlier this month, has set in motion the transition from a rare deal type into a regular funding option.

Postal Savings Bank of China has selected five banks to lead its jumbo $15bn IPO, which is set to become the largest listing in Hong Kong in five years.

China got its first taste of domestic green bonds this week with Shanghai Pudong Development Bank printing a massive Rmb20bn ($4.3bn) transaction that was well received by the market.

Postal Savings Bank of China has picked five banks to lead its listing, which could raise as much as $15bn to become the largest IPO in Hong Kong in five years.