Greater China

China’s Ministry of Finance (MoF) is set to issue its debut offshore renminbi (CNH) government bond in London as early as this month, with one Chinese bank and one foreign bank mandated on the deal.

Standard Chartered has promoted Aaron Gwak to head Asean capital markets.

Yadea Group Holdings has opened books for its HK$1.86bn ($239.69m) IPO in Hong Kong, with the electric vehicle maker signing on $30m worth of commitments from two cornerstones.

A HK$9.7bn ($1.25bn) sell-down in Chinese insurer PICC Property and Casualty Co last weekend has injected some welcome activity into Asia’s block market, which has seen limited business since the start of the year. The success of the deal in the primary and the secondary market is expected to inspire potential sellers to take action. Jonathan Breen reports.

Despite my busy post-retirement schedule of keeping up with Tai Tai and holding marathon drinking sessions at my favourite watering holes, I found time recently to attend one of those big investment conferences in town.

China risks facing a backlash from countries along its new economic Silk Road unless it is more transparent, warned leading experts this week.

Tianjin Rail Transit Group completed its first international bond on Wednesday, raising $500m from a dual-tranche offering split between a three and a five year.

Hong Kong-listed conglomerate Dah Chong Hong is preparing a loan to back its acquisition of Li & Fung’s Asia consumer and healthcare distribution business.

Hong Kong's MTR Corp is considering raising the size of its latest syndicated loan to as much as HK$25bn ($3.2bn) following a strong market response.

Goldman Sachs has relocated one of its most senior M&A bankers from Hong Kong to London, according to an internal memo seen by GlobalCapital Asia.

The Singapore branch of Industrial and Commercial Bank of China has become the lender’s first offshore unit to issue a fixed rate dollar bond this year, raising a larger than expected $800m.

Corporate treasurers are revisiting their attitudes towards the RMB in light of its increased volatility and Chinese regulators’ push to liberalise the currency, according to panellists speaking at a conference in Singapore last week.