DBS

Studio City, Shandong Ruyi Technology Group Co, Yanlord Land (HK) and Chengdu Xingcheng Investment Group Co are wooing investors for their respective Reg S bonds. Meanwhile, Shaanxi Xixian New Area Fengxi New City Development & Construction will go on a non-deal roadshow.

China’s Yancheng Oriental Investment & Development Group Co and South Korea’s Doosan Infracore Co ventured out to the DCM market on Tuesday for their respective dollar-denominated bonds.

Local government financing vehicle (LGFV) Gansu Provincial Highway Aviation Tourism Investment Group Co became the first and only issuer in Asia ex-Japan to launch a G3 bond this week.

Chinese property company Zhongshan Dasin Holdings is raising funds worth $419m in two currencies and multiple tenors.

Zhongshan Dasin Holdings Co is planning to float a real estate investment trust on the Singapore Exchange via an IPO that could be worth around $400m, according to a source familiar with the matter.

Softer markets caught Central China Real Estate off guard this week, with the leads forced to increase pricing after launch to get its deal away. The deal highlights a shift in pricing for high yield property developers at a time when supply is set to increase, writes Addison Gong.

Central China Real Estate wrapped up an unconventional two-day bookbuilding for its new bond on Tuesday. Investors had turned their backs to the original aggressive pricing, forcing the leads to price the deal 75bp higher than the initial guidance.

Aluminum Corporation of China (Chalco) raised $500m from a perpetual non-call five year bond on Monday, managing to woo investors against a volatile backdrop.

Central China Real Estate has extended bookbuilding for its bond by one day after experiencing lukewarm demand. A combination of a volatile market backdrop, the company’s weakened financial performance and overly ambitious price guidance put investors off from committing.

Central China Real Estate is looking to raise dollar funding to mainly refinance Singapore dollar notes sold in 2014.

BOC Aviation has used the full greenshoe on its latest dual-tranche fundraising, wrapping it up at $1.5bn to mark its single largest financing.

Aluminum Corporation of China has re-entered the market with a perpetual non call five dollar bond, opening books on Monday morning.