China

The Chinese green bond market is really starting to shape up with Bank of Qingdao (BQD) becoming the country’s third issuer domestically following the asset class’ debut this year.

Hong Kong-based Chong Hing Bank (CHB) is marketing its debut Panda bond of up to Rmb1.5bn ($231m) and is aiming to price the deal this month, several sources close to the deal have told GlobalRMB.

In this round-up, Malaysia opens RMB qualified foreign institutional investor (RQFII) applications, Macau launches a RMB real time gross settlement (RTGS) payment system, China Construction Bank (CCB) will join the new London silver fix, and the Singapore Exchange (SGX) reported a strong start to RMB currency futures trading in 2016. Plus, a recap of GlobalRMB's top stories this week.

The qualified domestic limited partnership (QDLP) scheme was reported to be the latest victim of attempts by the Chinese authorities to stem outflows. Market participants, however, deny the scheme has been shut down.

China’s decision to provide easier access to its bond market for foreign asset managers has not diminished the value of the renminbi qualified foreign institutional investor (RQFII) scheme, according to Matthieu Bailly, CEO at Octo Asset Management.

A $300m three year loan for Development Bank of the Philippines (DBP) has been allocated, with the borrowing capped at the launch size despite an oversubscription.

China’s city bank IPOs are in the limelight again as a pair of regional lenders prepare to launch Hong Kong listings worth billions of dollars. But with China stepping up capital curbs to keep outflows in check and foreign investors still wary of Chinese equities, these deals will be in an even tighter spot than usual. John Loh reports.

Ping An Real Estate Capital, a subsidiary of Ping An Insurance Group, is hunting for $200m from the syndicated loan market.

India’s Dewan Housing Finance Corp is gearing up for the country’s first offshore rupee-denominated bond, also known as a Masala bond, having mandated four banks to handle the market-opening transaction.

The Asia ex-Japan bank capital market sprang back to life this week as United Overseas Bank (UOB) completed the first-dollar denominated trade in the region this year. The deal's strong reception bodes well for those looking to follow but market participants have predicted another lacklustre year in term of volumes, writes Rev Hui.

Bank of Communications (BoCom) Financial Leasing is getting ready to hit the road ahead of a Reg S dollar offering that could come as early as next week.

Chinese e-commerce giant Alibaba Group has mandated eight banks to run its $4bn loan, with invitations to be sent out to lenders soon.