China

China YuHua Education pocketed HK$2.02bn ($258.5m) from a convertible bond this week to buy back its outstanding CB, printing a deal that was tailored for hedge funds, writes Jonathan Breen.

Beijing Enterprises Clean Energy (BECE), a government-backed energy firm, came back to the exchange market on Wednesday for its second green Panda bond.

China Everbright Bank has raised $500m from a floating rate note that was heavily supported by Chinese banks.

Zhuhai Huafa Group Co showed a vote of confidence in Macau’s stock exchange on Wednesday when it priced a $200m bond that was tailored to Macau's investors.

Equity investors are taking on more risk as 2019 draws to a close but a short sharp spike in volatility that began at the end of last week is giving them cause for concern.

China Huaneng Group, one of the mainland's largest power generators, sold a three-tranche dollar bond on Tuesday, taking $1.5bn off the table near the end of the year, when investors are still looking to put money to work.

Bank of Communications Financial Leasing Co bagged $600m from a floating rate note (FRN), taking advantage of a strong preference from investors for a floating rate format compared to fixed.

Three Chinese property names hit the bond market on Tuesday, raising a combined $1.624bn in a mix of senior and subordinated trades.

Akesobio, a Chinese biopharmaceuticals company, filed a draft prospectus for an IPO with Hong Kong’s stock exchange on Tuesday.

China YuHua Education Corp has bagged HK$2.02bn ($259m) from a convertible bond, printed in part to fund the buyback of its existing CB, according to a source familiar with the matter.

Commerzbank has hired Jason Ho as its Hong Kong-based head of Greater China primary bonds, to strengthen its debt underwriting franchise in Asia and in China.

Peking University Founder Group Co failed to repay a Rmb2bn ($284m) onshore bond on Monday, as worries about its mounting debt continue to put pressure on its dollar bonds.