Greater China

Macau casino operator SJM Holdings has enlisted one bank to sound out lenders for a HK$25bn ($3.2bn) loan for a new project in the city. Although the gaming industry in Macau is experiencing a lean period, loans bankers are expected to place their bets on SJM’s strong market position.

The Asian market finally saw some signs of activity on Wednesday with China Development Bank and Vista Land & Landscapes opening taps for their respective dollar bonds.

Panda bonds were thrust back into the limelight when the market was reopened by China in 2015 with many high profile issuers lining up to sell deals. But what are Panda bonds and why should you care? Here’s GlobalRMB’s quick guide to all you need to know.

The Monetary Authority of Singapore (MAS) has published a substantially revised set of data on Singapore’s RMB deposit pool, showing RMB liquidity was lower by as much as 27% than previously stated.

Haitong International Securities is due to make a comeback to the syndicated loan market shortly for a loan of up to HK$10bn, with eight mandated lead arrangers and bookrunners at the helm.

China Oceanwide Holdings has mooted a one-for-two rights issue to raise HK$4.57bn ($584.27m), as the group seeks to grow its asset base outside of the Mainland via acquisitions.

The Chinese property sector has once again found itself in the headlines for the wrong reasons with Future Land Development Holdings saying on Friday that its chairman was being investigated by the authorities. While there was the inevitable bout of panic selling, the short time it took for things to stabilise shows a maturing market that is fast getting used to the complexities of the industry.

China Railway Rolling Stock Corp unveiled a rare H-share convertible bond on Monday, raising $600m with what is only the second deal in the format in nine years.

Beijing Hyundai Auto Finance is set to make its mark on the Chinese auto ABS sector for the first time with its Rmb1.5bn ($228m) Autopia China 2016-1 Retail Auto Mortgage Loan Securitization Trust.

China's green bond market is set to have a breakthrough year in 2016 as Shanghai Pudong Development Bank receives approval to issue a green bond in the local market.

Haitong Bank has hired three senior bankers in the UK to bolster its European investment banking platform, as the Chinese brokerage looks to raise its profile in cross-border M&A and capital raising.

Goodbaby China Holdings started taking orders on Tuesday for a HK$1.3bn ($160.8m) IPO in Hong Kong, as the firm hopes to rise above volatile markets with a compelling discount to its peers.