Greater China

Commitments from a 15-strong syndicate group has allowed China’s Kingboard Chemical Holdings to increase its loan to HK$7bn ($892m) from HK$6bn.

ICBC International Holdings' Thursday outing drew attention in both the primary and secondary markets. Its $700m floating rate note transaction captured a $5bn-plus book at its peak, with the bond then trading 8bp-10bp tighter in the aftermarket.

Online travel service provider Tongcheng-Elong Holdings is seeking up to $900m from a listing in Hong Kong, according to a source close to the transaction.

In this round-up, US and China go tit-for-tat in trade war, a federation of Belt and Road exchanges is on the way, and Saxo Bank launches Stock Connect offering.

Xiaomi has covered its whopping HK$48bn ($6.1bn) listing thanks to a strong flow of early orders, according to a book message sent out on Friday morning, a day after bookbuilding kicked off.

HSBC has named Hemant Lodha as head of the financing solutions group, debt capital markets, Asia Pacific, with immediate effect, according to a memo seen by GlobalCapital Asia.

Fixed income investors should be better prepared for a trade war between the US and China, according to Arvind Rajan, managing director and head of global and macro at PGIM Fixed Income.

Equity markets in Asia went into a tailspin on Tuesday after trade tensions between the US and China ratcheted up. While the region’s bourses found some support in the following days, more disruption is probably on the way. Rashmi Kumar reports.

CMB International Capital Corp is slowly but steadily gaining ground in Asia’s bond market with a new — and fast growing — debt capital markets team in place. But what will it take for CMBI to be a real competitor to both international and other Chinese firms? Morgan Davis finds out.

Jiangxi Bank Co has raised HK$7.48bn ($953m) from its Hong Kong IPO, pricing the shares towards the top of guidance thanks to a big group of flexible investors.

After four years, it’s Fifa World Cup time again — which means football shirts, beers, endless pub hours, lots of yelling, shouting and fighting, and of course, the always unrealised hopes of a victory.

Thunder Bridge Acquisition began trading on the Nasdaq this week after sealing a $230m IPO. It is the first special purpose acquisition vehicle (Spac) to focus purely on China’s financial technology sector.