Credit Suisse

Chinese photovoltaics company Daqo New Energy Corp is looking to raise up to $112m from a follow-on offering of American Depository Shares (ADS).

LG Chem sealed its equity-linked debut in style this week, offering investors a rare dual-currency trade that added some much-needed diversity to their Asian portfolios. The $608m deal was also only the second undocumented sale of convertible bonds in the region, writes John Loh.

China SCE Property Holdings and Powerlong Real Estate Holdings paid up to complete their dollar bonds on Tuesday, but the new issue premiums were widely expected by bankers.

Logan Property Holdings Company sold its first Singapore-dollar denominated bond on Tuesday to support its growing presence in the country, raising a larger-than-expected S$200m ($152.6m). The deal is the first in the currency from a Chinese real estate name in almost four years.

Korean battery maker Samsung SDI Co has raised W559.9bn ($525.2m) after offloading its stake in Samsung C&T Corp at the mid-point of guidance, according to sources close to the deal.

Equities bankers are trumpeting a wave of new enthusiasm for Africa and two new deals are set to try to capitalise on this momentum.

HNA, the Chinese conglomerate, has postponed the flotation of Swissport, the Swiss air freight handling company, citing unfavourable market conditions.

The sell-off in Russian bonds is battering emerging markets investors, who are seeing the biggest spread widening since sanctions were first imposed on the country in 2014. Not only have the bonds of freshly sanctioned Rusal tanked but other Russian companies are selling off as investors fear they may be next, and the rot is starting to spread to the wider central and eastern Europe region as well.

Saudi and Qatar look to be printing jumbo bonds this week, but the timing of both in the same few days after so many months of waiting is prompting chatter about which sovereign has caused the traffic jam and whether political machinations are behind it.

South Korea’s LG Chem is looking to raise up to $735m from a pair of convertible bonds in euros and dollars with an aggressive double zero structure.

South Korea’s Samsung SDI Co is looking to clean up its stake in Samsung C&T Corp, launching an up to W565.9bn ($530.4m) block deal on Tuesday evening.

Online game streaming platform Huya is set to launch an up to $200m listing of American Depository Shares (ADS), filing a prospectus with the US stock market regulator on Monday.