Greater China

Shenzhen Expressway raised $300m from its bond comeback on Monday, finding robust investor interest thanks to its strong credentials.

A diverse group of issuers headed to the dollar debt market on Tuesday, with a Chinese local government financing vehicle, a Singaporean real estate firm and a South Korean telephone company vying for investor attention.

Nasdaq-listed China XD Plastics Co has launched a $180m two year financing into senior syndication via a single mandated lead arranger and bookrunner.

Foreign investors have got their first taste of Chinese residential mortgage backed securities after Postal Savings Bank of China managed to draw them in with the inaugural internationally rated offering from the asset class.

Tencent is said to be sounding out lenders for yet another multi-billion dollar borrowing following it's recent offer game for game developer Supercell. The move comes after the Chinese technology firm has already raised $6.89bn from syndicated loans in the past seven months.

A trio of new names are joining Credit Suisse’s investment banking and capital markets (IBCM) team in China, as it looks to bolster its onshore business.

Telefónica Internacional carried out the second weekend block trade of the year to raise HK$2.82bn ($363.43m) for its China Unicom sell-down, and the unusual timing worked in the vendor’s favour.

Cement producer TCC International Holdings has chosen a group of four lenders to helm its latest $450m outing in the syndicated loan market.

Volkswagen Finance Services ventured into the China auto ABS market for the second time this year with its Rmb2.99bn ($446m) Driver China Four offering – the company’s tightest priced securitization in the country.

Banks are hoping for opportunities to finance loans arising from a potential spin-off of the communications, media and entertainment (CME) assets of Hong Kong conglomerate Wharf Holdings.

Hong Kong-listed Regal Hotels International Holdings has mandated banks for a dollar-denominated offering, and is set to start investor meetings on Tuesday.

The Hong Kong unit of Global Logistic Properties has launched on Monday what market participants are calling the first public Panda bond from an international corporate.