Greater China

Profit Reach International, an investment vehicle owned by Chinese billionaire businessman Shen Guojun, has returned to the loan market for a $550m refinancing.

Everbright Water, a subsidiary of the state-owned China Everbright Group, has raised Rmb700m ($103m) from a five year Panda bond.

Online property agent Shenzhen Fangdd Network Technology is looking to raise up to $500m from a listing in the US, according to a banker close to the deal.

Guangzhou R&F Properties has priced its second dollar bond of the year, capturing investors ahead of what is expected to be another busy week for Asia’s primary debt market.

Shandong Huifeng Petrochemical Group is tapping the offshore loan market for the first time, seeking a $200m two year borrowing.

China’s Maoyan Entertainment has changed the timetable of its HK$2.7bn ($344.2m) IPO and roped in three new cornerstone investors, including smartphone giant Xiaomi Corp.

Country Garden Holdings (CoGard) raised $1bn from a two-part deal, hitting its size goal and finding the money it needs to refinance some of its maturing debt.

CMB Wing Lung Bank, the Hong Kong-based subsidiary of China Merchants Bank, has printed the year's first Basel III-compliant additional tier one note from Asia, taking $400m from a deal that was priced well inside analysts’ view on fair value.

BOC Aviation took advantage of upbeat market conditions to raise $500m from a quick drive-by transaction.

Mainland firm Changsha Broad Homes Industrial Group has set the ball rolling for a Hong Kong IPO, submitting a draft prospectus to the bourse.

In this round-up, China's money supply grew 8.1% in December, USDCNH futures trading on the Singapore Exchange (SGX) jumped thanks to renminbi volatility, and FTSE Russell launched a new index series tracking Chinese green bonds.

China Development Bank has made a rare visit to the public Hong Kong dollar bond market, raising HK$4.3bn ($548m) from a triple-tranche floating rate transaction that included a 10 times covered decade-long note.