Greater China

Cofco Womai, an online food products retailer, began investor education for its potential $600m Hong Kong IPO on Monday, said a source close to the deal.

Sino Horizon Holdings, a Chinese property developer, has opened a $600m refinancing into general syndication with retail banks.

The Export-Import Bank of China (Chexim) is holding investor calls on Monday for its third offshore transaction of 2017, opting again for a combination of dollars and euros, and possibly its first 30 year dollar bond.

China-based auto parts manufacturer Unite Intelligence Control is planning a Hong Kong IPO, announcing its intentions through a draft prospectus filed with the city’s stock exchange last Friday.

Chinese lithium producer Tianqi Lithium Corp is bringing some diversity to the debt market with its inaugural offering of a dollar bond.

China’s financial regulators publish rules to standardise asset management regulations, the Philippines confirms Bank of China for its Panda bond debut, and UBS Asset Management’s China arm launches the first onshore equity fund by a foreign asset manager.

Government-backed Inner Mongolia Baotou Steel Union Co has become the latest issuer in Asia to pull a dollar bond, faced with a market overloaded with supply.

China Jianyin Investment (JIC), an equity investment group, pushed through a triple-tranche, dual-currency bond on Thursday when many others struggled to find their feet. But it wasn’t all smooth sailing, with the issuer’s notes taking a hit in secondary.

China’s Shandong International Trust Co is set to begin investor education for its Hong Kong listing, according to a banker close to the deal.

The Province of British Columbia has again chosen Bank of China and HSBC China for its upcoming return to the Panda bond market.

A broad range of Chinese issuers have mandated banks to arrange roadshows in Hong Kong and Singapore early next week ahead of their dollar bond transactions.

Chiyu Banking Corp and Orient Securities Co have mandated firms to run new dollar bond deals, with roadshows set to start on Monday.