China

Despite the launch of Shenzhen Connect, MSCI’s decision on the inclusion of A-shares later this year still looms large on global investors’ views on whether to increase their exposure to onshore equities.

Huawei Investment & Holding Co wrapped up Asia’s first G3 bond from the technology sector this year, pricing its notes through fair value. It plans to become a regular issuer in the capital markets to diversify its funding.

Ronshine China Holdings took advantage of the positive market sentiment on Tuesday to grab an additional $225m from a tap of its debut 2019s, reversing the rocky reception received for the original notes.

Chinese property developer Yanlord Land Group is poised to return to the loan syndications market with a $600m deal that will refinance a $385m borrowing raised in 2014.

Bank of China has made a senior level change in its loans team in Beijing, transferring a banker from its Singapore branch to take up the top post in the syndications department.

Chinese state-owned enterprise, Qinghai Provincial Investment Group Co, opened books for a Reg S transaction on Wednesday morning.

Credit Suisse has given one of its most senior investment bankers in Asia the position of China CEO, as the bank increases its pivot to the region.

Hong Kong-listed Semiconductor Manufacturing International Corp (SMIC) moving closer to making its Panda bond debut in the exchange market, as the Shanghai Stock Exchange is approving its revised application.

Chinese toll road operator and property developer Road King Infrastructure took advantage of investor desire for high yielding paper on Monday, offering a rare perpetual, fixed for life deal that still attracted a book that was more than 15 times subscribed.

Industrial and Commercial Bank of China (ICBC) and Bank of Communications (BoCom), enjoyed success with their decision to jump on the floating rate note (FRN) bandwagon on Monday, via their Hong Kong branches. The former bagged $2bn from a triple-tranche offering and the latter $850m from a three year floater.

Recent capital control measures enacted by China have led to concerns that the authorities might be reversing past efforts to liberalise the country's financial markets. But the administrator of the State Administration of Foreign Exchange (Safe), Pan Gongsheng, is adamant that more reforms are on the cards especially in regards to attracting more inflows.

China’s Huawei Investment & Holding Co is set to become the first G3 bond issuer from the technology sector in Asia this year, taking bids for a dual-trancher on Tuesday morning. Meanwhile, property developer Ronshine China Holdings is back to tap its 2019s.