Greater China

Belarus is working to issue its first sovereign Panda bond, GlobalRMB understands.

Europe’s banks continued to lose global significance, according to the Financial Stability Board’s 2018 list of global systemically important banks (G-SIBs), although Groupe BPCE was re-added to the list. The French bank says this will not affect its funding plans.

Chinese online educator Koolearn Technology Holding has launched investor education for its Hong Kong IPO at a time when the Mainland government is stepping up regulation of the private education sector.

Shanghai-listed WuXi AppTec has launched pre-marketing for its Hong Kong IPO, which is expected to hit the market by the end of the month, according to a banker close to the deal.

A flurry of Asian bond issuers have ventured out in a bid to wrap up deals ahead of the Thanksgiving holiday in the US on Thursday, even as markets remain on shaky ground.

Country Garden Holdings is looking to issue a new convertible bond to refinance a billion-dollar CB coming up for maturity in early 2019, according to a banker familiar with the matter.

In this round-up, wealthy Chinese individual investors now have access to local government bonds, Russian and Chinese leaders in the financial industry are meeting to strengthen mutual market access, and northbound trading volume via Stock Connect reached Rmb8.77tn.

Chinese conglomerate HNA Group’s Hong Kong Airlines is in talks with lenders for a new borrowing, two loans bankers have told GlobalCapital Asia.

Kaisa Property Management Group, a subsidiary of Kaisa Holdings, is pushing ahead with its IPO, starting to gauge investor interest this week.

Sixteen months after receiving its Panda issuance quota, Sun Hung Kai Properties (SHK) raised Rmb1.2bn ($173m) from its debut deal, pulling off the cheapest two year Panda bond in 2018.

China Exchanges Services Co (CESC), a joint venture between the Hong Kong, Shanghai and Shenzhen bourses, has launched an index to track the performance of Hong Kong-listed biotechnology companies.

Well-known hedge fund manager says China reset coming, Bond Connect volumes down 15% in October and Singapore Exchange launches a set of China onshore bond indices.