Greater China

Chinese mobile phone maker Xiaomi, which sounded out lenders to refinance a syndicated loan raised in 2014, has sent out terms for the new facility to retail banks.

Chinese and other Asian banks are catching up with Western rivals in the emerging market loan market and, as Bianca Boorer reports, look set to keep growing their market share.

Bankers are a gossipy bunch. Whether it is a stock tip or a juicy titbit about a rival banker, we love to wallow in all the information.

China Feihe filed a listing application in Hong Kong on Wednesday, four years after it was taken private from the New York Stock Exchange.

BOC Aviation priced its latest five year bond well inside theoretical fair value, helped by its strong financial position, a healthy book and a clear existing curve. But its secondary performance was affected on Thursday by the political turmoil in the US that has caused volatility.

Industrial and Commercial Bank of China (ICBC) Dubai sold a dual tranche $700m floating rate deal on Monday, followed by a €500m floater on Wednesday.

China Lodging Group has allocated its $500m borrowing among 18 banks. The loan, launched in February, will fund the acquisition of hotels in the Mainland.

China Citic Bank International is coming to the Panda bond market for the first time. The Hong Kong-based lender is hoping to raise Rmb3bn ($437m) with a three year bond, which will be the first Panda issued by a financial institution this year, according to GlobalRMB data.

ANZ has tapped one of its own as the new debt capital markets head for south and southeast Asia, effective immediately.

After two years of chatter and rumour, People’s Bank of China (PBoC) and Hong Kong Monetary Authority (HKMA) made the widely anticipated announcement on May 16 to confirm the launch of Bond Connect. Here's is GlobalRMB's guide to the new initiative.

HSBC has promoted Sheldon Wong to head its Middle Market Financial Sponsors (MMFS) team in Asia Pacific, a segment tipped to grow alongside the region’s increasing M&A volumes.

Nan Hai Corp is marketing a three year bond with a standby letter of credit from China Citic Bank Corp’s Shenzhen branch, giving the notes an investment grade rating. Meanwhile, China Molybdenum Co is seeking up to $1bn equivalent in overseas debt.