China

China’s central bank will hold on to its 'neutral and prudent' monetary policy, the central bank of Pakistan encourages businesses to trade with China in renminbi, and the Chinese currency regains its position as the sixth most used global payments currency.

Bank of China Hong Kong has appointed a long-serving employee of the group as its new chief executive.

Chinese conglomerate Citic has named banks to lead its first dollar bond sale of the year.

A 30-year banking veteran has joined Standard Chartered to lead one of the most important regions for the firm’s corporate and institutional banking strategy.

China Merchants Port Holdings is returning to the Panda bond market for a Rmb500m ($76.8m) deal to fund its acquisition of a port in Sri Lanka — a flagship project under China's Belt and Road Initiative (BRI).

The China Securities Regulatory Commission (CSRC) is going ahead with a pilot programme to fully float Hong Kong-listed shares, although the plan will be limited to three companies in the initial stage.

Chinese logistics services provider SF Holding Co and upstream oil and gas firm Geo-Jade Petroleum Corp are planning to sell dollar bonds this year.

China’s Shandong Chenming Paper Holdings is ready to start the new year with its first dollar bond issuance.

Mizuho Bank is preparing to sell the first ever Panda bond by a Japanese issuer, after picking three local banks to manage the deal.

The Chinese president emphasises the need to control financial risk at a key economic policy forum, Pakistan considers using the renminbi instead of the dollar in bilateral trade with China, and China Development Bank sells $350m of bonds in Hong Kong to help fund the Belt and Road Initiative (BRI).

Jiaxing City Investment and Development Group Co began marketing its first dollar bond on Thursday, following a roadshow earlier this week.

China Oceanwide International Financial has mooted a HK$18.3bn ($2.3bn) rights issue to be used mostly for its securities business.