Greater China

Far East Horizon and Asian Development Bank added a bit of life to the dim sum bond market in February, raising Rmb740m ($110.4m) between them. Bankers think looming maturities could give them more business this year.

ICBC Financial Leasing Co pulled off an ultra-tight spread on both tranches of a $1.5bn bond. The issuer built a mammoth order book with generous initial guidance but ultimately pushed investors inside fair value estimates.

China Everbright Water has refiled for a potential dual-listing on the main board of the Hong Kong Stock Exchange after its 2018 application expired.

Mainland regional lender Jinshang Bank and China’s in vitro product distributor IVD Medical are seeking the greenlight to float in Hong Kong.

Blackstone, Gaw Capital Partners and Goldman Sachs are in the market seeking a HK$9.7bn ($1.2bn) five year loan to support their purchase of 12 shopping centres in Hong Kong from Link Real Estate Investment Trust.

When will the supply of Chinese property bonds end? Bankers detected hints of indigestion after a rush of deals last week, but that does not appear to have slowed down the mass of supply. Five more companies turned to dollar bond investors on Monday.

JP Morgan has boosted its Australia equity capital markets team with the appointment of Mark Bellofiore, a former Goldman Sachs banker, according to a source familiar with the matter.

The Hong Kong Monetary Authority (HKMA) is looking for a new chief executive. Don’t expect it to look very far.

China’s Guorui Properties priced a smaller-than-expected new bond ahead of a looming $250m maturity on March 1. But investors are still wary of another one of the company’s bonds: a $300m deal that becomes puttable in the same month.

Zhejiang New Century Hotel Management has covered the books for its Hong Kong IPO after hitting the road with a deal that will be worth as much as HK$1.4bn ($178.8m).

New Development Bank, the multilateral development bank, returned to the Panda bond market on Monday. It raised Rmb3bn ($446m) from a tightly-priced green bond.

Chinese broker Up Fintech, best known for its platform Tiger Brokers, is planning a listing of American Depository Shares (ADS) on the Nasdaq. It wants to raise as much as $150m.