China
-
Chinese property developer Country Garden is in the process of finalising the bookrunner group for a $1.5bn loan, with bankers already confident the deal will see strong interest from lenders. -
Property managers Greentown Management Holdings and Zhenro Services Group launched bookbuilding on Monday for Hong Kong Stock Exchange IPOs.
-
OcuMension Therapeutics hit the market on Monday with its HK$1.55bn ($200m) IPO, the latest in a stream of healthcare sector listings on the city’s stock exchange.
-
Taiping Financial Holdings Co has become the latest Chinese firm to pay back its outstanding loan early.
-
Smoore International Holdings, the world’s largest vaping device manufacturer by revenue, has opened books for a HK$7.12bn ($919m) IPO.
-
In this round-up, China proposes harsher punishments for financial crimes under the criminal law, the securities regulator is reportedly mulling over giving securities licences to commercial lenders, and monthly industrial profits grow for the first time this year.
-
Bank of China sold its first ever bond out of its Djibouti branch on Monday, as Chinese issuers pour into capital markets to make up for time lost to the coronavirus pandemic.
-
A host of Chinese issuers filed IPO applications with Hong Kong’s stock exchange this week as they rushed to get their documents in before the end of the quarter.
-
Chinese education company New Oriental Education & Technology Group has sold its maiden dollar bond shortly after receiving its first credit rating.
-
Property management company Zhenro Services Group is set to list in Hong Kong after getting the nod from the city’s stock exchange listing committee.
-
China Aoyuan Group used up the last of its debt issuance quota this week to raise $460m from the bond market.
-
In this round-up, the Ministry of Finance plans to double the size of its already issued special treasury bonds, the government removes some restrictions for foreign investment in the 2020 negative lists, and the former richest man in China and founder of Gome is released from jail after 10 years.
