Greater China

Bank of China has made a senior level change in its loans team in Beijing, transferring a banker from its Singapore branch to take up the top post in the syndications department.

Chinese state-owned enterprise, Qinghai Provincial Investment Group Co, opened books for a Reg S transaction on Wednesday morning.

Credit Suisse has given one of its most senior investment bankers in Asia the position of China CEO, as the bank increases its pivot to the region.

Hong Kong-listed Semiconductor Manufacturing International Corp (SMIC) moving closer to making its Panda bond debut in the exchange market, as the Shanghai Stock Exchange is approving its revised application.

Oil and gas exploration and production company New Times Energy Corp is looking to raise around HK$738.8m ($95.2m) with an open offer of 3bn new shares, according to a filing with the Hong Kong Stock Exchange.

Hong Kong's IPO market relies heavily on Chinese issuers for deal flow, and with them a force of cornerstone investors. A much needed shake-up to the cosy cornerstone base is expected, thanks to new regulations by China’s foreign exchange regulator. But for those who view the change as a possible solution, the rules are likely to prove disappointing.

Chinese toll road operator and property developer Road King Infrastructure took advantage of investor desire for high yielding paper on Monday, offering a rare perpetual, fixed for life deal that still attracted a book that was more than 15 times subscribed.

Industrial and Commercial Bank of China (ICBC) and Bank of Communications (BoCom), enjoyed success with their decision to jump on the floating rate note (FRN) bandwagon on Monday, via their Hong Kong branches. The former bagged $2bn from a triple-tranche offering and the latter $850m from a three year floater.

Recent capital control measures enacted by China have led to concerns that the authorities might be reversing past efforts to liberalise the country's financial markets. But the administrator of the State Administration of Foreign Exchange (Safe), Pan Gongsheng, is adamant that more reforms are on the cards especially in regards to attracting more inflows.

China’s Huawei Investment & Holding Co is set to become the first G3 bond issuer from the technology sector in Asia this year, taking bids for a dual-trancher on Tuesday morning. Meanwhile, property developer Ronshine China Holdings is back to tap its 2019s.

China YuHua Education Corp has hit the road to drum up demand for its Hong Kong listing, which could raise up to HK$1.9bn ($245.5m).

China Mengniu Dairy has tapped two banks for separate loans denominated in dollars and Hong Kong dollars to fund its acquisition of China Modern Dairy Holdings.