Greater China

The Shanghai city government announced this week that it is exploring the possibilities of a free trade zone (FTZ) bond as part of China’s broader goal to provide more onshore renminbi products for international investors.

In this round up, Stock Connect flows boosted by Shenzhen Connect announcement, mutual recognition of funds (MRF) broadens fund selection, and Bank of China’s cross-border RMB index picks up in June. Plus, a recap of GlobalRMB's top stories this week.

Chinese conglomerate HNA officially filed notification of its acquisition of Swiss airline caterer Gategroup this week in a move which market participants hope could provide much needed issuance for a subdued levfin market.

The offshore renminbi bond market has struggled this year thanks to a weakening currency and cheaper funding costs onshore. But a successful deal has raised hopes that issuance may pick up and that dim sum could yet become the go-to market for some borrowers. Narae Kim and Addison Gong report.

BOC Aviation has ended an eight month break from the loan market, sending out a request for proposals for a $1.5bn revolver.

Citi has made a couple of senior appointments to its business in Asia Pacific including naming Servaas Chorus as its new head of global capital management for the region.

The older I get, the more I realise that there’s absolutely no pleasing some of us — be it retired chaps like me or the young’uns still in the game.

The upcoming launch of the Shenzhen-Hong Kong Stock Connect will give offshore investors access to close to 90% of China’s domestic stock market. Now the focus for the mutual market access (MMA) scheme will turn to new products including ETFs and bonds.

South Korea’s bourse has given Doosan Bobcat the go ahead for its IPO, as Ping An Insurance Group’s shareholders also waved through its plan to list Ping An Securities Co in Hong Kong.

Anna Lui has been appointed head of debt capital markets for Hong Kong at ING.

The unveiling of Shenzhen-Hong Kong Stock Connect this week was accompanied by a series of changes to what is already in place in terms of the overall linkage framework. Here is our lowdown on what you need to know about the initiative.

China Resources Beer (Holdings) Co has wrapped up a multiple times oversubscribed rights issue, netting HK$9.5bn ($1.2bn), according to a filing with the Hong Kong Stock Exchange.