CSSC Shipping sets ball rolling on HK IPO

CSSC Shipping Co, a subsidiary of China State Shipbuilding Corp, has filed a draft IPO prospectus in Hong Kong through sole sponsor CICC.

• 13 Nov 2018

Baidu returns to SEC format for $1bn

Chinese technology giant Baidu grabbed $1bn from a bond on Thursday, while a local government financing vehicle (LGFV) in Hunan raised $300m from a deal that was less than twice covered at its peak.

• 09 Nov 2018

Chengdu LGFV, Jiayuan take advantage of China bid

Chinese local government financing vehicle Chengdu Hi-Tech Investment Group Co and real state company Jiayuan International Group both relied on anchor interests for their dollar bonds on Tuesday.

• 07 Nov 2018

Chinese duo reopens market despite Asian holidays

A local government financing vehicle (LGFV) and a single-B rated property developer decided to take risk off the table on Tuesday, ahead of the US mid-term election and when markets such as Singapore are closed for a public holiday.

• 06 Nov 2018

iDreamSky gauges appetite for HK listing

iDreamSky Technology Holdings, a Chinese mobile games publisher, started investor education on Monday for its flotation in Hong Kong.

• 05 Nov 2018

Avic Leasing lands $350m in fresh funds

Avic International Leasing Co netted $350m on Tuesday from a three year bond, opting for a slightly different pricing strategy by starting the deal at a relatively tight guidance.

• 31 Oct 2018

Chinese tech firms kick off HK pre-marketing

Four mainland technology companies kicked off pre-deal investor education for their Hong Kong IPOs on Monday, gauging the market’s appetite ahead of bookbuilding in early November, according to sources close to the listings.

• 29 Oct 2018

Chinese tech quartet ready to defy volatility with IPOs

Global equity markets were slammed this week, with a rout on Wednesday wiping out all the gains this year in the US. Amid the turmoil, a handful of technology firms were awaiting approvals to list in Hong Kong — some are expected to take a cautious approach but most are gearing up for a last-minute dash to find a closing IPO window. Jonathan Breen reports.

• 25 Oct 2018

China extends sovereign curve despite global sell-off

The People’s Republic of China, acting through its Ministry of Finance (MoF), priced a $3bn return to the international bond market, pushing out its maturity profile to 30 years. But a weaker backdrop meant that the order book was not as strong as its dollar trade last year.

• 12 Oct 2018

Qingdao Haier tees-up €398m D-share IPO

Qingdao Haier has set final price guidance for its D-share IPO. The Chinese white goods maker is eyeing proceeds of up to €397.5m from a smaller than expected debut for the asset class.

• 12 Oct 2018