China

West China Cement, a Hong Kong-listed cement maker, has returned to the loan market after 11 years, seeking a $150m deal.

Chinese real estate companies Logan Property Holdings Co and Times China Holdings managed to aggressively tighten a pair of $400m four year callable bonds this week.

After raising Rmb5.5bn ($799m) from its largest auto loan ABS deal in March, BMW’s Chinese auto finance arm is returning for more. The planned Rmb8bn deal will hit the market on July 16.

Haitong International Securities Group sold $700m of seven year notes on Tuesday, tightening pricing by 30bp during bookbuild.

Private education provider Edvantage Group has priced its well-oversubscribed Hong Kong IPO in the middle of the price range, raking in HK$712.5m ($91.2m).

China National Bluestar (Group) Co made a comeback to the offshore bond market on Tuesday, pricing a $700m deal inside fair value.

Beijing-based PapayaMobile, a mobile advertising company, this week became the first candidate to back out of its application to list on the Star market. The Shanghai Stock Exchange (SSE) questioned the level of advancement of the firm’s core technologies and its accuracy of disclosure.

Powerlong Real Estate Holdings has received a $200m term loan from three banks, making a comeback to the loan market after one year.

Chinese in-vitro diagnostic products distributor IVD Medical Holdings has priced its Hong Kong IPO at HK$3.07 a share, the bottom of the price range, to raise HK$1.02bn ($131.28m).

Beijing Jingneng Clean Energy is offering a slightly higher margin on a new HK$3bn ($385m) loan, compared to a green loan sealed last year.

Chinese online game streaming platform DouYu has launched a Nasdaq IPO, having delayed its plans in May amid tumultuous markets.

Shimao Property Holdings and China Overseas Land and Investment took advantage of a strong market backdrop and renewed investor interest in duration to price seven and 10 year bonds, respectively.