Greater China

China Development Bank is set to meet investors from September 21 in Europe ahead of issuing bonds in multiple currencies.

China Reinsurance Corp and CICC passed their respective listing hearings with the Hong Kong Stock Exchange on September 17, clearing the way for a pair of chunky IPOs in the city.

London will continue to be the largest western RMB hub thank to the city’s sophisticated financial services and the close relationships between the UK and China, argued Alderman Alan Yarrow, the Lord of Mayor of the City on London on September 18 in Hong Kong.

Chinese paediatric nutrition company, Biostime International, has signed a $450m one year bridge loan to fund its acquisition of Australian firm Swisse Wellness.

The Federal Reserve backed away from its first rate rise in nearly a decade due to concerns about a weak global economy, with talks now moving to a potential hike at the end of the year. Market observers in Asia reckon it’s time to move away from the Fed and focus on concerns closer to home.

Jujiang Construction Group has filed for an IPO on the Hong Kong Stock Exchange (HKEx) with Guotai Junan International leading the trade as sole sponsor.

The People’s Bank of China (PBoC) said on Friday that it has appointed the local branch of Industrial and Commercial Bank of China as the renminbi clearing bank for Argentina. The country becomes the second official RMB hub in Latin America, following the footsteps of Chile.

In this round-up, Argentina gets clearing bank, Lord Mayor of London pays a visit, CLSA gives its verdict on One Belt, One Road and HKMA chief calms fears over the renminbi.

Australian lender Macquarie has rejigged its Asia equity capital markets unit with the appointments of Jack Yee and Arthur van Dijk as co-heads of ECM, according to sources close to the moves.

China’s National Development and Reform Commission (NDRC) this week released new guidelines for offshore corporate bond issuance. While the move is supposed to further simplify the process and relax existing restrictions, the new rules have created a lot of uncertainty and led to fears that it will make offshore bond issuance more difficult, writes Carrie Hong.

Chinese auto company Geely International (Hong Kong) ventured into the bond market with an uncommon structure on September 16, raising $300m with a floating rate note backed by a loan from Bank of China.

HSBC has promoted Sean Henderson to the role of deputy head of debt capital markets for Asia Pacific, as well as head of capital financing for Singapore, according to an internal memo seen by GlobalCapital Asia.