Greater China

Regulators prepare for the introduction of Chinese depository receipts (CDRs), the US Federal Reserve scolds Industrial and Commercial Bank of China for failing to comply with anti-money laundering rules, and China holds less US Treasury bonds in January.

Natixis has tied up with Vermilion Partners, an M&A advisory firm, to boost its cross-border advisory business in China.

Rao to lead HSBC’s Southeast Asia corporates team – JP Morgan names Asia DCM head

We all know the power of client meetings. Those face-to-face encounters are what can make or break us investment bankers. But sometimes those 'breaks' are beyond our control.

Hong Kong rolled out the first of its education sector IPOs this year on Monday, as China Xinhua Education Group kicked off bookbuilding to raise HK$1.5bn ($188m).

China-based GreenTree Hospitality Group has kicked off bookbuilding for an up to $349.2m IPO on the New York Stock Exchange, according to a filing with the US market regulator.

Up to eight banks in Hong Kong face action over IPO sponsorships, the regulator's head of enforcement revealed this week. UBS is appealing against the suspension of its licence, while ECM bankers are sweating over who will be next. Jonathan Breen and John Loh report.

Dong Yin Development, a subsidiary of China Orient Asset Management Co, has hit the syndicated loan market for the first time for a $100m transaction, according to a source close to the situation.

Debt bankers in Asia hit a temporary pause button on Wednesday when no dollar deals were launched, as the market recovered from the overwhelming supply in recent weeks. But it was back to business on Thursday, with issuers braving rough conditions to hit the market.

Weak sentiment among investors for duration risk meant Chinese local government financing vehicle Qingdao China Prosperity State-owned Capital Operation (Group) Co sold a larger three year bond than a five year, finding support due to the buy-side’s familiarity with its city.

Greenland Holding Group Company has joined a slew of Chinese property developers issuing offshore renminbi bonds, but it left something on the table for investors to achieve a relatively large size of Rmb1.5bn ($237m).

Payments service provider Huifu Payment is looking for the green light to list in Hong Kong, having filed a draft prospectus with the city’s bourse on Tuesday.