China Merchants Bank Co

Canaan is eyeing a $1.5bn IPO in Hong Kong that will test investor appetite for the first listing of a cryptocurrency firm in the city.

China Aoyuan Property Group’s $200m bond dropped sharply in the secondary market on Thursday as global markets wreaked havoc on the company’s notes.

China’s Envision Energy Overseas Capital Co grabbed $300m from a green bond on Thursday after weeks of wooing investors. But price discovery posed a challenge because of renewable companies coming under pressure recently.

Several Chinese real estate companies, including Sunac China Holdings and Central China Real Estate, took advantage of relatively stable markets to ride the dollar issuance momentum this week. But supply pressure meant that many saw their bonds then trade under water.

The Panda issuance streak continued last week as logistics company GLP sold its third Panda bond in as many weeks, taking home Rmb1.2bn ($190.7m) from China's onshore market.

There appears to be no stopping logistics company GLP, which is gearing up for a new Rmb1.2bn ($190.3m) Panda bond transaction, its third outing in as many weeks.

China Zheshang Bank has raised HK$3.6bn ($464.2m) from a placement of new H-shares, its first issue since listing in Hong Kong two years ago.

Mainland firms Hope Education Group and Beijing Huatu Hongyang Education & Culture Corp are seeking the green light to launch IPOs in Hong Kong.

GLP is lining up a three year Rmb1.2bn ($190m) bond in the interbank market next week, less than two months after the issuer sold a bond of the same size in the exchange market.

Despite bagging Rmb4bn ($633.2m) from the Chinese asset-backed securities market on Tuesday, GAC-Sofinco Auto Finance failed to attract offshore interest and priced the deal wider than it did in its last transaction. But these upsets have not affected the carmaker’s appetite for more onshore deals.

China Xinhua Education Group has raised HK$1.3bn ($166.2m) after pricing its IPO at the middle of guidance, according to a source close to the deal.

Hong Kong rolled out the first of its education sector IPOs this year on Monday, as China Xinhua Education Group kicked off bookbuilding to raise HK$1.5bn ($188m).