China

China Resources Land plans to issue its first mortgage or management fee-backed securities by the end of 2017, chief financial officer James Yu has told GlobalCapital Asia's sister publication GlobalRMB.

Deutsche Bank has lost its Hong Kong-based head of RMB solutions, part of a broader move by international banks away from offshore-specific RMB roles.

DLA Piper has named James Chang as a corporate partner in Beijing, the law firm said on Tuesday.

China Chengtong Holdings Group, a pilot state-owned operating company, is offering investors a taste of its inaugural deal, launching a five year bullet on Tuesday.

Maiden dollar issuers China Logistics Property (CNLP) and Future Land Holdings Co are attracting bids for new bonds, adding to the high yield issuance from the Mainland.

Bill Chu has joined Goldman Sachs as a managing director in its China investment banking services team.

US-listed Sohu.com is looking to file confidentially for the IPO of its internet search unit Sogou, the China-based company said on Monday.

Chinese property developer Powerlong Group’s Hong Kong-listed arm Powerlong Real Estate Holdings priced a $100m tap of its 2020 bond last Friday.

Chinese auto rental provider eHi Car Services and Shanghai-listed Future Land Holdings Co have picked banks for their dollar bonds, with roadshows set to take place early this week.

China plans to increase a limit on foreign equity investors, the PBoC renews a currency swap line with Switzerland, and the International Monetary Fund (IMF) says the renminbi is broadly moving in line with fundamentals.

Shougang Corp Co, one of China’s largest steel producers by volume and assets, priced its maiden euro bond on Thursday, joining a slew of Chinese names exploring the European market this year.

The renminbi’s usage as a global payment currency goes up, BlackRock says full bond index inclusion will drive capital inflows into Chinese fixed income, and foreign ownership of Chinese bonds and equities rise.