Greater China
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Bill Chu has joined Goldman Sachs as a managing director in its China investment banking services team. -
Chinese property developer Cifi Holdings has raised HK$2.4bn ($307.3m) from a top-up share sale and private placement on the back of a surge in its stock price.
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Infrastructure investment firm I Squared Capital has clinched the bid for fixed line asset business Hutchison Global Communications (HGC), giving the three banks that lined up the financing reason to celebrate.
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US-listed Sohu.com is looking to file confidentially for the IPO of its internet search unit Sogou, the China-based company said on Monday.
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Chinese property developer Powerlong Group’s Hong Kong-listed arm Powerlong Real Estate Holdings priced a $100m tap of its 2020 bond last Friday.
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Singapore-based Novena Global Lifecare Group is gunning for a listing on the Taiwan Stock Exchange to raise $150m for regional expansion.
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Chinese auto rental provider eHi Car Services and Shanghai-listed Future Land Holdings Co have picked banks for their dollar bonds, with roadshows set to take place early this week.
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China plans to increase a limit on foreign equity investors, the PBoC renews a currency swap line with Switzerland, and the International Monetary Fund (IMF) says the renminbi is broadly moving in line with fundamentals.
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Vedanta Resources plans to return to the dollar market with a seven non call four year offering, in parallel with a tender offer for its existing 2019s and 2021s.
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ZhongAn Online Property and Casualty Insurance Co is gunning for a valuation of up to $10bn in its Hong Kong IPO as bankers tout its China new economy credentials.
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Shougang Corp Co, one of China’s largest steel producers by volume and assets, priced its maiden euro bond on Thursday, joining a slew of Chinese names exploring the European market this year.
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The renminbi’s usage as a global payment currency goes up, BlackRock says full bond index inclusion will drive capital inflows into Chinese fixed income, and foreign ownership of Chinese bonds and equities rise.
