Greater China

China Merchants Securities Co raised HK$10.7bn ($1.4bn) in its Hong Kong IPO, pricing the shares below the middle of expectations as bankers on the deal voiced differing opinions on its execution.

Philippines' International Container Terminal Services (ICTSI) and Hong Kong’s ITC Properties Group are readying their respective dollar-denominated bonds, with both companies on the road to meet with investors this week.

Chinese logistics firm ZTO Express has picked the New York Stock Exchange as the destination for its $1.5bn US listing, according to a filing on the US Securities and Exchange Commission.

Yingda International Leasing has issued modified terms for its latest loan, following a change in ownership.

Over a dozen banks have committed to join China Universal Leasing’s Rmb1bn ($150.5m) onshore loan.

Wuhan Metro Group and Zhuzhou City Construction are set to become the latest Chinese local financing vehicles (LGFVs) to sell international bonds.

Zhejiang Expressway Co is looking to sell equity-linked debt worth up to $400m, testing the market’s appetite for scarce H-share convertible paper as Asian primary issuance remains muted.

Thailand-based Kasikornbank’s Hong Kong branch and Malaysia’s RHB Bank navigated a crowded Asia bond market to bag a combined $900m.

DBS Asia Capital has named Anuruk Karoonyavanich as its new CEO, with the appointment effective from October 1.

The chances of an off-cycle decision for A-shares to be included in MSCI’s Emerging Markets Index has increased after the index provider launched 20 new China equity indices on September 29 and praised Beijing’s recent reform efforts.

China is where it's at in green finance in 2016. Its brand new domestic green bond market has zoomed to be the world's biggest in no time, and it has become the first country to produce a comprehensive plan for greening all aspects of finance. Mutual investment between China and the West is set to rise, though some have qualms about funding 'clean coal', reports Julian Lewis.

In this round-up, the European Central Bank renews its RMB swap line, Swiss Re increases its RMB qualified foreign institutional investors (RQFII) quota, and CLS facilitates netting for RMB foreign exchange transactions. Plus, a recap of our coverage this week.