Greater China
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BBVA sold down part of its holdings in China Citic Bank Corp for HK$4.6bn ($587.2m) on Wednesday, taking advantage of an unexpected rally in Chinese banking stocks. -
China Forestry Group Corp and local government financing vehicles from Xinyi and Tieling are among the issuers waiting for a green light from the National Development and Reform Commission to sell foreign currency debt.
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Cathay United Bank has hired a senior banker from DBS to helm its corporate banking operations in Hong Kong.
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Chinese property developer Yanlord Land Group has rolled out its $600m dual-tranche financing into general syndication.
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In this round-up, the RMB is hangs on to its gains in the FX market, China sees RMB trade settlement sink to a four-year low, and Hong Kong Exchange (HKEX) is preps launch of offshore RMB (CNH) options contracts. Plus, a recap of our coverage this week.
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Chinese digital map provider NavInfo has hit the syndicated loan market for €110m to fund its acquisition of a stake in a European target.
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Credit Suisse named one of its most senior investment bankers in Asia Pacific as China CEO this week, putting him in charge of a strategy increasingly focused on wealth management and China. The move came as the resilience of the bank's regional and integrated model continues to be tested, writes John Loh.
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We bankers love to whinge about our bonuses, or what we see as a lack thereof. But when a young friend of mine told me he felt sorry for some chaps at banks that weren’t getting any bonuses this year, I couldn’t help but laugh.
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Kunming Dianchi Water Treatment Co has refiled a draft prospectus for its Hong Kong listing, after first submitting a proposal to the stock exchange in August 2016.
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A subsidiary of Indonesian conglomerate Lippo Karawaci is bookbuilding for a potential Rph2.45tr ($183.8m) IPO of Dire Bowsprit Commercial & Infrastructure.
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Bank of China taps new loans head — Maybank Kim Eng loses HK/China CEO — UBS adds three to equity sales trading, derivatives
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Chinese borrowers are itching to take advantage of cash rich investors in the offshore debt market but many have been delayed by the country’s registration process. This is leading to speculation that the National Development and Reform Commission (NDRC) is trying indirectly to control the outflow of capital. Morgan Davis reports.
