Guotai Junan Securities Co

Lianyungang Port Group and property developer Golden Wheel Tiandi Holdings Company raised a combined $500m on Tuesday, wrapping up their fundraisings ahead of Easter.

Asia’s primary DCM market is busy on Tuesday ahead of the long Easter weekend, with Lianyungang Port Group, China Oil and Gas Group, Yida China Holdings and Golden Wheel Tiandi Holdings Company opening books for their respective dollar bonds.

Chinese property developer Jingrui Holdings leveraged off a yield-hunting environment and its strong financial improvement to raise $400m from its return to the offshore debt market this week.

China Petrochemical Corp was out for a 144A/Reg S transaction on Wednesday, eyeing multiple maturities, while high yield issuer Jingrui Holdings has returned to dollars after a two year hiatus.

Guotai Junan Securities Co has wrapped up its HK$16.5bn ($2.1bn) IPO, after a flood of late demand.

Chinese iron and steel making conglomerate Hesteel Group Co has snapped up $500m on the back of a price rally in the steel sector onshore, with bankers praising the company’s efforts to woo accounts during a roadshow.

Kunming Dianchi Water Treatment Co has raised HK$1.3bn ($167.3m) after avoiding an aggressive stance on its IPO and pricing at the bottom of guidance instead.

Issuers from Greater China are dominating the dollar debt market, as they vie for investor attention on Thursday alongside a couple of south and southeast Asian names.

Guotai Junan Securities Co’s IPO in Hong Kong is sending all the right messages, but the most important one may be its smaller reliance on cornerstone investors. It has placed just under 30% of the HK$16.5bn ($2.1bn) float to six funds — a move that may well mark a turning point for oversized cornerstone allocations in the city.

Guotai Junan Securities Co has hit the road with its HK$16.5bn ($2.1bn) IPO, set to be the largest listing in Hong Kong since Postal Savings Bank of China’s mammoth HK$58bn float last year.

Emperor International Holdings, Xinjiang Guanghui Industry Investment (Group) Co and Zhuhai Huafa Group Co sealed new dollar deals on Thursday, going into their respective transactions with books fully covered.

Kunming Dianchi Water Treatment Co opened the doors to its Hong Kong IPO on Friday, with the deal set to raise up to HK$1.6bn ($205.3m).