Greater China

Cheerwin Group has pocketed HK$3.07bn ($395.3m) after pricing its IPO at the top of the marketed range, according to a source close to the deal.

Hang Seng rejigs benchmark index – DBS and HSBC make changes in Malaysia

Hong Kong has begun exploring ways to allow listings by special purpose acquisition companies (Spacs), which are gaining popularity in Asia after taking the US by storm in the past year. But while the early-stage discussions show the bourse’s growth ambitions, it will have to clear numerous roadblocks to make blank-cheque firms a reality. Jonathan Breen reports.

Some banks struggle to communicate clearly with their employees about the boundaries of sexual misconduct. But using diagrams is probably a bad idea.

The China Securities Regulatory Commission (CSRC) has finalised new rules for the sale of corporate bonds, a move that could boost the attraction of the exchange market while shaking up the operations of credit rating agencies. Addison Gong reports.

Taiwanese semiconductor distribution company WT Microelectronics is plotting a return to the loan market after an absence of almost eight years. Bankers say more companies from the sector are likely to turn to loans in 2021 as strong growth in the industry propels opportunistic fundraising. Pan Yue reports.

Huadong Medicine seeks $150m debut — Indomobil revs up $200m club — PLN delays loan — Jih Sun plans April syndication

China's Minsheng Financial Leasing Co sold a rare loan-backed bond on Wednesday, replicating a structure it has favoured in the past.

Toyota Motor Finance (China) Co has sealed the senior tranches of its auto ABS deal at negative spreads to onshore benchmarks thanks to strong backing from Japanese investors, putting the post-Chinese New Year securitization market on strong footing.

A significant widening of China South City Holdings’ dollar bonds issued in January forced the company to offer a juicier yield for its return to the international market this week.

Hong Kong is exploring the possibility of getting in on the craze around special purpose acquisition companies (Spac), which has begun to gain ground in Asia this year.

Online car marketplace Autohome has launched the roadshow for a secondary listing in Hong Kong. The float of new and existing stock could raise up to HK$7.6bn ($983.2m).