Guotai Junan Securities Co

Three Chinese corporates took centre stage on Thursday with their respective dollar bond offerings. So far this week, borrowers from the country are the only ones to tap the Asia ex-Japan debt market.

Asia ex-Japan debt capital markets had a quiet opening on Monday, with a sole Chinese local government financing vehicle (LGFV) out for dollar funding. On the same day, another two LGFVs announced mandates.

Ronshine China Holdings priced its inaugural offshore bond against a volatile market backdrop and concern around its sector. The borrower still managed to raise $175m from the offering thanks to the presence of anchor orders.

Tewoo Group Co, also known as Tianjin Material & Equipment Group Corporation, is planning a return to the offshore bond market, having picked two firms to arrange roadshow next week.

Ronshine China Holdings started taking orders for its inaugural international bond on Thursday. The deal was announced with substantial anchor orders following the roadshow, said bankers.

Zhenjiang Cultural Tourism Industry Group wrapped last week's busy period in Asia ex-Japan debt capital markets with a three year offering.

Chinese local government financing vehicle Shaanxi Xixian New Area Fengxi New City Development and Construction (Group) Co tiptoed into the market on Thanksgiving Thursday, launching and pricing a new $120m deal by lunch time.

Chinese local government financing vehicle Jiangsu Hanrui Investment Holdings tapped its outstanding 2019s last Friday in the post US-election market, raising $190m on the back of reverse enquiry.

Chinese local government financing vehicle Jiangsu Hanrui Investment Holdings opened a tap of its existing notes on Friday morning off the back of reverse anchor interest, keeping momentum going in the Asia DCM market post the US election.

China Nuclear Engineering Group Co pushed out its debut dim sum deal last Friday to get ahead of the US election this week. Despite the volatility, the transaction garnered Rmb2.7bn ($399.3m) in orders, with the issuer bagging Rmb1.5bn.

China Nuclear Engineering Group Co (CNEC) is taking another shot at getting its debut CNH bond off the ground, after pulling a dim sum offering back in December 2015.

State-owned China Nuclear Engineering Group Co (CNEC) has hired banks to test appetite for its inaugural CNH bond — the third time it is attempting to sell a dim sum deal.