China

Shanxi Securities Co sold a heavily anchored $200m bond on Tuesday, relying largely on Chinese banks for its second international deal.

A Chinese state-owned shareholder of Orient Overseas (International) has raised HK$840m ($108.2m) from the sale of a block of shares, according to a source familiar with the matter.

Chinese companies have raised equity in the US at a record pace this year. The deal flow has quashed fears that a hostile White House would dissuade China’s hordes of technology startups from listing on the New York Stock Exchange and Nasdaq.

Chinese state-owned company Genertec Universal Medical Group has returned to the loan market to syndicate a $700m-equivalent deal.

WuXi Biologics Holdings has raised HK$11.5bn ($1.49bn) after increasing a sale of shares in subsidiary WuXi Biologics (Cayman).

In this round-up, Beijing decides to leave ‘clean coal’ out of the latest list of eligible projects for green bonds, stock exchanges in Shanghai and Shenzhen plan to tighten approval for bond issuance, and the first batch of public infrastructure real estate investment trusts (Reits) are being reviewed at the two bourses.

Red chip issuer China Power International Development raised Rmb2bn ($308m) from a three year bond last week, raising the money largely to pay a mix of offshore and onshore bank loans.

China Huarong Asset Management's dollar bonds dropped again on Monday, after the company pushed its 2020 earnings announcement back further.

SF Real Estate Investment Trust has started pre-marketing its Hong Kong listing, a rare sighting of the asset class in the city.

Chinese health insurance and healthcare crowdfunding platform Waterdrop has kicked off pre-deal investor education for its US listing, according to a source close to the IPO.

BOC Aviation has sold a $750m bond through its US subsidiary, pricing its third dollar outing of the year at wider levels than some fair value estimates from analysts.

Dalian Wanda Commercial Management Group Co sold a sub-one year bond on Thursday, raising $325m.