Greater China

The Ontario Teachers’ Pension Plan (Teachers’) has appointed Nicole Musicco to helm its Hong Kong operations in a newly created position. The move demonstrates the growing importance of the Asia Pacific region for the fund, which invests across asset classes.

Chinese state-owned enterprises (SOEs) are set for a shake-up following the release of guidelines to reform their management.

Goldman Sachs has lost a senior coverage banker following the resignation of the managing director of its China Industrials Group (CIG).

The trading arm of China’s Tewoo Group is raising a $100m two year onshore loan, with the amortiser offering banks an additional incentive for early commitments.

Easing liquidity conditions supported offers in the very short end of the CNY swap curve on Monday. This drove some disinversion momentum in the 1s/2s NDIRS curve slope that sources expect to continue, writes Deirdre Yeung of Total Derivatives.

Hong Kong conglomerate Swire Pacific is looking to find long-dated appetite with a new 10 year bond in US dollars.

Industrial and Commercial Bank of China has mandated five banks to work on a US dollar-denominated Basel III tier two trade.

Another batch of offshore institutions was this week approved to invest in China’s interbank bond market (CIBM), in what authorities will hope will be seen as further proof of their determination to open up the country's capital market. But to become truly diversified, the CIBM needs a lot more than mere licences.

South Korea's Hotel Lotte has appointed one domestic and two global banks to manage its 2016 IPO.

China Securities (International) Finance Holding Company sold its inaugural offshore bond on September 10. Although markets were jittery, the debutant took comfort in the fact that books were already covered by the banks working on the deal.

Formosa Plastics Group is holding talks with 10 to 15 lenders for a dual tranche fundraising of $2.5bn, with banks asked to submit their pricing thoughts for the loan.

Bank of America Merrill Lynch has made three senior hires in its Asia Pacific research unit, according to a memo seen by GlobalCapital Asia. All of them will be based in Hong Kong.