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Greater China

  • Property developer C&D International Investment Group has raised HK$942.5m ($121.5m) from a top-up placement to expand its land reserves.
  • Two Chinese local government financing vehicles joined the flurry of dollar bonds in the Asia market on Thursday.
  • SAIC Finance, the auto financing arm of Chinese state-owned SAIC Motor Corp, sold a rare green auto loan ABS this week.
  • Two Chinese real estate companies sold sub-one year bonds on Thursday, raising $350m between them.
  • Over the last year or so, my furry companion has become my co-worker, supervisor and live-in best friend. But he still doesn't have security clearance.
  • Institutional and retail investors were in hot pursuit of China’s first nine infrastructure real estate investment trust (Reits) this week, as Beijing begins to develop the trillion-renminbi market.
  • Crédit Agricole has named Ravi Nichani as head of acquisition finance and advisory for Asia Pacific, and leveraged and telecom finance group for Asia, effective in August.
  • A HK$2bn ($257.9m) loan to support a CVC Capital Partners-led consortium’s privatisation of Hong Kong fashion retail firm I.T has been launched into general syndication.
  • CréditAg taps Nichani for acquisition finance — UBS hires for ECM from CMBI — SGX picks Goldman banker — CréditAg names sustainable banking head — Deutsche adds to coverage teams — Poon leads ING’s HK and China business — New APLMA chairman
  • Angelalign Technology, a Chinese dental care company, hit the market on Thursday with an IPO of up to HK$2.91bn ($375.3m).
  • South Korea's Shinhan Card has sold a $300m social bond in the Taiwanese market, finding strong interest from investors keen to support deals in this growing asset class.
  • E-House (China) Enterprise Holdings tapped its 7.6% 2023 bonds for an additional $100m on Wednesday, bringing the total deal size to $300m.