Haitong Securities

Investors have stayed quiet as GCL New Energy attempted a rights issue to raise as much as HK$2.5bn ($320.6m), with only one proper application made for the offer, leaving a third unaccounted for.

Haitong International Securities has hit the market for a HK$8bn ($1bn) three year bullet, which could increase in size depending on demand.

China got its first taste of domestic green bonds this week with Shanghai Pudong Development Bank printing a massive Rmb20bn ($4.3bn) transaction that was well received by the market.

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.

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.

China Energy Reserve and Chemicals Group offered bond investors a generous premium to make up for its unrated status and for executing a deal with a less investor-friendly structure. Chinese banks, including those working on the trade, submitted anchor orders and contributed to the transaction's success.

China's Evergrande Real Estate Group navigated cautious markets and a rating downgrade on Monday with a reverse enquiry-driven bond that came with a fixed price. Bankers on the deal said it was a win-win for both the issuer and investors, given the volatile conditions.

Ping An Life Insurance Company of China started building books for its inaugural dollar bond on Tuesday, while South Korea’s Woori Bank and China Energy Reserve and Chemicals Group are also wooing investors for their respective dollar deals.

Virscend Education Co has raised HK$1.8bn ($232.2m) after pricing its Hong Kong IPO near the bottom of the range, emerging relatively unscathed from the volatility that rocked global equity markets last week.

China's Evergrande Real Estate Group started bookbuilding for a new 2019 offering with a fixed price on January 11. The deal comes amid Moody's announcement that it has downgraded the issuer and its debt because of increased financial risk.

Ronshine China Holdings has sealed Asia’s first IPO this year, pricing its HK$1.81bn ($233.5m) Hong Kong float at the bottom of guidance after a low turnout during bookbuilding.

Virscend Education Co launched the institutional bookbuild for its HK$2.19bn ($282.50m) Hong Kong IPO on Monday, even as the slump in Chinese shares triggered a market-wide trading halt and sent global equities tumbling.