China

CCB Leasing’s plans to raise $500m were scuppered after markets tanked and investor sentiment took a hit on Monday. The Chinese firm was forced to adjust its expectations for a smaller $300m bond.

Kingsoft Cloud Holdings has hit the market with a follow-on offering of new and existing American Depository Shares (ADS).

Ant Group is one step closer to launching its blockbuster dual listing in the Mainland and Hong Kong, after the Shanghai bourse gave its blessing to the Star market leg of the IPO.

Country Garden Holdings Co saw its dollar bond prices spike on Friday following a ratings upgrade from Moody’s — a move that is set to allow the property developer expand its investor base and lower its funding costs.

Ming Yuan Cloud Holdings has sealed its Hong Kong listing at the top of the marketed range, netting HK$6.2bn ($796.6m) following a strong turnout from sovereign wealth funds and long-only investors.

In this round-up, Ant Group receives blessing for the Mainland portion of its jumbo dual listing, the September benchmark lending rate remains unchanged, and a large securities house is in the making as Guolian Securities plans to acquire a bigger rival.

In this round-up, the World Trade Organization rules that additional tariffs imposed by the Trump administration on some Chinese goods in 2018 breached international trade regulations, ByteDance makes progress on the sale of TikTok in the US, and Hong Kong asks Washington to drop its demand for the city’s exports to be labelled as ‘made in China’.

In this round-up, the recovery of the Chinese economy picks up pace, the country’s micro loan companies face stricter regulations, and the trading hours of bonds in the interbank market have been extended to draw more international demand.

Neusoft Education Technology, a Chinese private higher education provider, hit the road with its Hong Kong IPO this week, aiming to raise HK$1.04bn ($133.8m).

Beijing Enterprises Holdings took €500m from its maiden green bond on Thursday, helped by support from the bookrunners on the deal.

Instant noodle maker Tingyi (Cayman Islands) Holding Corp was back with a $500m deal on Thursday after an eight-year hiatus from the dollar bond market.

Bond sales from Chinese issuers continued unabated on Thursday despite heavy supply in the first half of the week, with firms raising a combined $1.1bn from the debt market.