China Merchants Bank Co Ltd top stories

• Sunac sells $800m bond, Century Sunshine postpones

  

  Sunac China Holdings priced a large three year callable bond, taking advantage of the abundant liquidity in the market following Chinese New Year. But investors appeared to hold back when it came to less familiar names.

  • 13 Feb 2019

• China’s Zhenro, Aoyuan score with dollar bonds

  Chinese real estate companies Zhenro Properties and China Aoyuan Group reopened the Asian offshore bond market with a bang, as cash rich investors flocked to their transactions.

  • 12 Feb 2019

• Road King, Yuzhou lead China property deluge

  There was a wall of supply from Chinese property companies at the start of the week. Road King Infrastructure and Yuzhou Properties brought a pair of callable four year bonds, but Jingrui Holdings and Fantasia Holdings Group both stuck to the very short-end of the curve.

  • 29 Jan 2019

• Maoyan prices HK IPO low to net $250m

  Chinese firm Maoyan Entertainment has sealed its IPO at the bottom of guidance, raising HK$1.96bn ($249.8m) in Hong Kong after an extended roadshow.

  • 28 Jan 2019

• CMB Wing Lung lands tight pricing for AT1

  CMB Wing Lung Bank, the Hong Kong-based subsidiary of China Merchants Bank, has printed the year's first Basel III-compliant additional tier one note from Asia, taking $400m from a deal that was priced well inside analysts’ view on fair value.

  • 18 Jan 2019

• Yield-hungry investors buoy property bonds

  The party in Chinese high yield real estate bonds continued this week, with China Aoyuan Group, Zhenro Properties and Yuzhou Properties taking home $1.15bn between them on Tuesday.

  • 16 Jan 2019

• Sunac steals the show, Redco chooses short-dated bond

  All eyes were on Sunac China Holdings on Thursday when it executed a deal that was six times covered at its peak. Despite the competition, Redco Properties Group also managed to walk away with a new bond, thanks to the flexibility of the 364-day format.

  • 11 Jan 2019

• Investors embrace Zhenro’s 363-day bond

  Zhenro Properties Group bagged $200m from a short-dated bond on Tuesday — being strategic with its choice of a 363-day tenor, while also finding an opportunistic issuance window on a day market sentiment was on a high.

  • 09 Jan 2019

• Fosun plans $800m Henlius Biotech spin-off

  Shanghai Henlius Biotech has joined a growing pipeline of biotechnology firms planning to float in Hong Kong. It wants to list in the first quarter of 2019, said a banker working on the transaction.

  • 17 Dec 2018

• Junshi Bio seals $394m Hong Kong IPO

  Shanghai Junshi Biosciences has raised HK$3.08bn ($394.2m) after pricing its IPO at the bottom of the range, according to a banker on the deal.

  • 17 Dec 2018