Greater China

Studio City Company, which runs a gambling and entertainment resort in Macau, hit the jackpot on Tuesday as US investors poured money into both tranches of the company’s new bond.

The renminbi did not have a good October as it was overtaken by the euro as the second most active currency for trade finance, according to Swift’s latest RMB tracker.

Chinese issuers stormed the primary debt market on Wednesday with Export-Import Bank of China, China Aluminum International Engineering Corp (Chalieco) and Changsha Pilot Investment Holdings Co among the borrowers attracting bids.

Tsinghua Unigroup is making its debut in the loan market with a $300m facility, as it looks to build relationships with banks as part of a strategy to expand internationally.

United Laboratories International Holdings returned to the equity-linked market in style on Monday after a five year absence, raising $130m from a convertible bond.

Free trade zone (FTZ) bonds are finally about to emerge in China, with the Shanghai Municipal Finance Bureau releasing a set of guidelines on the underwriting process of the city’s upcoming transaction.

ICBC London raked in $500m from a new three year floating rate note on Monday, as the strength of its credit helped muster strong buy-side demand.

Two senior members of UBS's debt origination and syndication team in Hong Kong have left the bank, according to multiple sources.

The opening of China's interbank bond market (CIBM) this year means that the world's third largest fixed income market will become an increasing focus for global investors, according to the world's largest asset manager.

CMB Financial Leasing Co raised $1.2bn across two tranches in its debut international bond on Monday, and met its different objectives for the five and three year portions.

The Asian debt market stepped up a gear Tuesday with a number of new launches and mandates, as issuers navigate the volatility and try to wrap up their fundraisings before key holidays and the end of the year.

Zhen Ding Technology Holdings is taking on a syndicated loan to replace a facility raised by its subsidiary Iris World Enterprises earlier this year.