Greater China

Five lenders have opened into syndication a $1.5bn loan for Tencent Asset Management, the investment arm of Chinese technology firm Tencent Holdings.

Bond investors woke up to a pair of investment grade Asian issuers on Wednesday with the government of Malaysia seeking bids for a dual-tranche wakala sukuk and BoC Aviation looking to close a conventional 10 year.

Chinese metals exchange operator Yintech Investment Holdings has opened books for its US IPO that could raise $109m, a source with knowledge of the deal told GlobalCapital Asia.

Angus Richardson has been named head of cash equity sales for Asia Pacific at Citi, in a move that will see him relocating to Hong Kong in the coming months, according to a memo seen by GlobalCapital Asia.

Bond investors had little concern on buying Yunnan Provincial Energy Investment Group’s tightly priced debut bond this week, despite the structure of the notes being weaker than the one sold by parent Yunnan Provincial Investment Holdings Group (YIG) last month.

Maybank Kim Eng’s Hong Kong arm is eyeing opportunities in Greater China to push it closer towards its ambitions. John Fei, CEO for Hong Kong and China, told GlobalCapital Asia that the firm is not only looking to break into the ranks of the city’s top 15 investment banks but also wants to be among the top 20 brokerages.

Hong Kong Exchanges and Clearing plans to add to its suite of renminbi currency futures this quarter.

South Korea has been one of the most active Asian equity capital markets in 2016 with high expectations that IPO volumes this year will be its largest on record. The figures are reassuring, but the KRX appears hell bent on wooing southeast Asian issuers to its stock exchange. Focusing on its strengths instead would be far more fruitful.

Negative interest rate policies are pushing central banks to invest in emerging markets assets and currencies, according to a new survey sponsored by HSBC. The RMB, in particular, has seen a rapid growth in popularity over the past few years.

Photo app maker Meitu is planning to list in Hong Kong in 2016 and has mandated a trio of banks to lead the deal.

China Aoyuan Property Group made light work of jittery market conditions on Monday with an extremely popular $250m bond that was more than seven times covered by asset-hungry investors.

An executive director in the loans syndicate and distribution team at Standard Chartered in Hong Kong has quit.