Greater China
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A $315m five year loan for Stats ChipPac has been signed after being in syndication for six months. Eight banks eventually formed the lending group. -
Echosens, the French subsidiary of Shenzhen-listed Inner Mongolia Furui Medical Science Co, is preparing a float on the main board of the Hong Kong Stock Exchange.
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Yunnan Provincial Energy Investment Group is looking to issue its first dollar bond and has hired banks to set up investor meetings.
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French lender Natixis announced on Wednesday that it has created a global structured credit and solutions (GSCS) business in Asia Pacific.
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Beijing-based Sunshine Life Insurance Corp has opted for a triple-tranche offering for its debut in the offshore bond market, dividing the trade into three year, five year and 10 year notes.
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The nascent Panda bond market could reach over Rmb300bn ($46bn) by 2020, according to Yan Yan, chairman of China Chengxin International Credit Rating (CCXI).
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Chinese brokerage Orient Securities Co has applied for the go ahead to list on the Hong Kong Stock Exchange in an IPO that could raise $1.5bn, according to sources with knowledge of the deal.
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The recent reforms to liberalise China inbound investments have reignited discussions about a merger of the qualified foreign institutional investor (QFII) scheme with the RMB QFII (RQFII) initiative. News emerging today suggests regulators are keen to move forward with the harmonisation of existing rules.
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Chinese search engine company Baidu is dipping its toes into the international loan market for a $1bn debut fundraising, following in the heels of other technology majors like Alibaba Group and Tencent.
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Concord New Energy Group has become the first non-financial issuer to sell a green bond in China’s domestic debt market.
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Shanghai-listed Guotai Junan Securities Co said its vice-president has left the firm for personal reasons.
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The CNY NDIRS curve is steeper after a stronger CNY fix backed light offers in the short end while improved price data triggered paying around the five year tenor. Meanwhile, Nigeria is considering issuing a Panda bond, writes Deirdre Yeung of Total Derivatives.
