Greater China

AK Medical Holdings is reviving its Hong Kong IPO, filing draft documents for the second time after its initial attempt in April last year proved fruitless.

Russian aluminium producer Rusal priced its second Panda bond of the year on September 1, reopening the market after a quiet month.

Weichai Power Co will sell senior dollar perpetual bonds worth no more than the equivalent of €650m ($772m) to help pay off some bank loans taken for the acquisition of shares in Kion Group.

In the latest Clawback, columnist Philippe Espinasse puts cash trading numbers in Hong Kong under the microscope to some rather interesting results.

Chinese biotech firm Zai Lab has launched bookbuilding for a $105.9m IPO of American Depository Shares (ADS), and is counting on US investors favouring start-ups to support the deal.

The Brics Business Forum opens today, the New Development Bank is set to lend $2.5bn next year, and China Securities Regulatory Commission (CSRC) signs agreement with Greek counterpart.

China Education Group is looking to follow a stream of its Mainland peers listing in Hong Kong, and is targeting an IPO of as much as $300m, according to a source close to the deal.

China SCE Property Holdings scooped up HK$1.6bn ($204.5m) from an overnight block on Thursday that was timed to perfection, taking advantage of a share price rally to its highest point for the year.

KEB Hana Bank sold its first dollar Formosa bond and only its second floating rate note post its merger on Thursday, raking in $350m. Ample liquidity in Taiwan and investors’ hunt for offshore assets buoyed the transaction.

Driven by a rush to buy short term paper, Bond Connect flows through Shanghai Clearing House (SHCH)’s recorded their largest volume so far last week. But a closer look at the data suggests that markets are not getting the full picture of how successful the scheme has actually been.

ICBC International (ICBCI) has approached banks for a $500m syndicated loan facility with Agricultural Bank of China at the helm.

Entertainment and gaming company Landing International Development has added HK$1.8bn ($230m) in fresh capital to its coffers after placing a chunk of new shares.