China

Dexin China Holdings Co found limited interest for its debut dollar bond, despite paying a generous yield to get the deal done.

Sino-Ocean Group Holding, a Chinese investment company that focuses on the property market, took advantage of the positive backdrop on Monday to seal a $600m bond.

Shanghai-based SAIC-GMAC, an auto finance company owned by SAIC Motor Corp and General Motors Company, is planning to return to the auto loan ABS market next month with a Rmb10bn ($1.45bn) three-tranche deal.

Chinese robotics company CloudMinds has taken its foot off the pedal for its New York Stock Exchange IPO, initially expected around this week, and is instead waiting for less volatile global capital markets, according to sources close to the deal.

Beijing Kunlun Tech is revisiting plans to list gay dating app Grindr after winning approval for the IPO from a US national security panel, according to a stock exchange filing from the parent on Monday.

Bank of Jinzhou got a much-needed liquidity boost after China Great Wall Asset Management, China Cinda Asset Management and ICBC Financial Asset Investment acquired more than 17.3% of its shares.

Chinese media company Wanda Sports Group has raised just $190.4m after pricing its Nasdaq listing below the marketed range, despite having already revised down the initial guidance and size of the IPO.

Industrial & Commercial Bank of China’s London-based head of global loan syndication will be moving to the Asian Infrastructure Investment Bank in Beijing.

In this round-up, Industrial and Commercial Bank of China bought an 11% stake in troubled Bank of Jinzhou, some Star-listed companies will become eligible for trading on the Stock Connect and the People’s Bank of China (PBoC) plans to tighten supervision of financial holding companies.

Hong Kong-headquartered AMTD International has launched bookbuilding for its New York Stock Exchange listing, seeking to raise up to $176m.

Shanghai-based and Hong Kong-listed chipmaker Semiconductor Manufacturing International Corp has sold a Rmb2bn ($291m) 270-day red Panda.

Chinese provincial government-owned Shandong Hi-Speed Group Co has pushed out its maturity profile with a $1.4bn dual-tranche transaction. It priced the senior perpetual tranche at the same level as some of its bigger state-owned peers, thanks to a six times covered order book.