China Merchants Bank Co

YiChang HEC ChangJiang Pharmecutical Co has settled on a price range for its H-share float, with bookbuilding to kick off on December 14.

Bank of Jinzhou Co commenced investor education on Tuesday for its $600m IPO in Hong Kong, having appointed five banks as joint global co-ordinators.

Singapore-based agricultural products supplier Olam International has raised a $1bn loan from a group of 19 lenders.

In a rare move, China International Capital Corp (CICC) has named all 11 banks working on its HK$6.29bn ($811.61m) high-profile Hong Kong IPO as joint global co-ordinators. But instead of sparking a turf war among its syndicate, the move has won praise from bankers on the trade. John Loh reports.

China International Capital Corp (CICC), which is looking to raise HK$6.29bn ($811.61m) in a Hong Kong IPO, has sent out a covered book message to investors ahead of its expected pricing on Friday.

China Merchants Bank (CMB) and Deutsche Bank signed a memorandum of understanding (MOU) on global banking services on October 12. The agreement aims to facilitate CMB’s expansion under the Belt and Road initiative by leveraging Deutsche worldwide network and global infrastructure, Tang Zhi Hong, executive vice president of China Merchants Bank, told GlobalRMB.

One of China’s largest private conglomerates, Fosun International, is continuing its reliance on equity capital markets to help fund the expansion of its insurance business. The company has announced a HK$11.7bn ($1.5bn) rights issue, which is poised to hit the market next month.

Everbright Securities Co has mandated seven banks to work on what would be the company’s first outing to the international bond market.