China

Shenzhen International Holdings is set to issue its second Panda bond, seeking an ambitious Rmb4.7bn ($678m). Regular issuer GLP is also planning a comeback.

Hong Kong Exchanges and Clearing (HKEX) has partnered with Digital Asset to develop a post-trade settlement and allocation system based on blockchain technology. It will cover northbound trading on Stock Connect.

Zhejiang Geely Holding Group Co raised $250m from an opportunistic deal on Wednesday, marking the first time the Geely parent company has sold a dollar bond.

The People's Bank of China's Rmb20bn ($2.9bn) debut bill auction in Hong Kong showed investors are increasing their yield demands in the offshore renminbi market.

RusHydro will come to market for a dual tranche deal in rubles and offshore yuan, following a roadshow to promote the bonds.

Chinese local government financing vehicle Chengdu Hi-Tech Investment Group Co and real state company Jiayuan International Group both relied on anchor interests for their dollar bonds on Tuesday.

Wendy Liu has joined UBS’s research arm as managing director and head of China strategy, according to a memo seen by GlobalCapital Asia.

Evergrande’s $1.8bn bond at the end of October sent ripples through Asia’s bond market. It also set a dangerous precedent for a market that is already accused of letting standards slip.

JP Morgan sold its second tap of equity-linked notes using the Hong Kong-listed shares of Ping An Insurance Group Co of China as the underlying securities, this time raising $85m.

Regular issuer Dongfeng-Nissan Auto Finance will open books for a Rmb4.43bn ($639.6m) auto loan securitization on Thursday.

A local government financing vehicle (LGFV) and a single-B rated property developer decided to take risk off the table on Tuesday, ahead of the US mid-term election and when markets such as Singapore are closed for a public holiday.

China is looking to open a new board in Shanghai for listing technology companies, mirroring earlier efforts to create Chinese Depositary Receipts.