CITIC Securities

An overnight sell-down in Kingboard Chemical Holdings netted a larger than expected HK$1bn ($133m) for its controlling shareholder on Wednesday, as talk of the stock’s inclusion in a major index spurred investor demand.

Property developers Yango Group Co and Jiayuan International Group are marketing new dollar bonds on Thursday. The former has opted for a three year, while the latter is choosing to go short with a 364-day deal.

Kingboard Chemical Holdings’ controlling shareholder is paring its stake in the firm through an accelerated sale of shares on Wednesday evening that could raise HK$920m ($118m).

HDFC Standard Life Insurance Co got off to a flying start with its Rp86.9bn ($1.3bn) IPO in India, as books opened on Tuesday following a hugely successful anchor investor process.

Yoma Strategic Holdings has bagged S$82m ($60.1m) through a placement of 155m primary shares on the Singapore Exchange.

China Education Group is looking to list in Hong Kong by the end of the year with an IPO that is likely to fetch around $400m, according to a source close to the deal.

China's embattled HNA Group Co returned to the bond market with a $300m deal on Thursday. But the company was forced to stomach a sharp increase in its funding costs.

China YuHua Education Corp raised HK$936.7m ($120.1m) from a quick return to the equity market after listing in February.

Property giant China Vanke Co and HNA Group Co came to the market on Thursday with dollar bonds, taking vastly different approaches. Vanke opted for a tenor of 10 years, but HNA kept it ultra-short.

China Huarong Asset Management Co priced an almost $3.4bn five tranche bond in two currencies on Tuesday, restarting supply from Chinese financial institutions after the sovereign repriced the curve last week.

China Huarong Asset Management Co started taking bids for a five tranche, dual-currency bond on Tuesday morning. It wants to become the first Chinese financial institution to sell offshore bonds after the sovereign tightened the curve with a landmark deal last week.

After a huge response from investors, Reliance Nippon Life Asset Management has wrapped up its IPO books more than 80 times subscribed.