Greater China

Luckin Coffee, China’s answer to Starbucks, has launched a combined follow-on offering and convertible bond issue to raise up to $821m.

German automaker Daimler began its 2020 renminbi debt market activity on Tuesday with a Rmb3bn ($432m) Panda bond sold through a new issuance vehicle, Netherlands-based subsidiary Daimler International Finance.

A number of Chinese real estate companies kicked off their refinancing for 2020 on Monday, with higher rated issuers tapping longer-dated bonds and the weaker names actively engaging in liability management.

A group of shareholders in Xinyi Solar Holdings have bagged HK$1.79bn ($230.7m) after selling a block of shares in the company, according to a source familiar with the matter.

The Shanghai Stock Exchange’s Star board is set to welcome two new companies, as Waison Holdings and Shanghai Electric Group plan to list subsidiaries on China's Nasdaq-style market.

Chinese artificial intelligence company Megvii Technology is moving forward with its plan to list in Hong Kong, after getting the go-ahead from the city’s stock exchange, according to two sources close to the transaction.

The International Swaps and Derivatives Association has appointed Su Yen Chia as its new head of Asia Pacific public policy.

Index provider FTSE Russell is expanding the remit of its sustainability investment research in Asia Pacific to include hundreds more Chinese and Japanese securities.

Senior debt capital markets banker Pramod Shenoi joined independent research firm CreditSights at the end of last year.

Natixis has made two new hires for its Asia sponsor finance and mergers and acquisitions teams in Hong Kong.

Asian bond issuers went full speed ahead with their fundraising plans on Monday, launching new deals ahead of Chinese New Year holidays at the end of the month.

Hong Kong-listed MicroPort Scientific Corp is looking at spinning off and listing its heart treatment subsidiary, according to a stock exchange filing.