Hong Kong SAR

Property company Eisa Holding has returned to the loan market for a refinancing deal through bookrunner First Commercial Bank.

Haitong International Securities Group has closed its club loan at a bigger size of HK$12bn ($1.5bn) after finding support from a group of 19 lenders.

Asian IPOs are suffering as the spread of Covid-19 (the coronavirus) accelerates, with the flow of Chinese listings in Hong Kong having slowed to a standstill. Bankers are looking into any solutions, but the curb of face-to-face contact is hanging over the world’s busiest stock exchange. Jonathan Breen reports.

Agricultural Development Bank of China has sold Rmb14.5bn ($2.1bn) of bonds to combat the Covid-19 (coronavirus) outbreak, including a deal in the dim sum bond market this week. Rebecca Feng reports.

The coronavirus outbreak is already having an impact on my jet-setting retirement lifestyle. I suppose I shouldn’t complain ─ but I will.

Online gaming and education firm NetDragon Websoft Holdings and biotechnology company Innovent Biologics both tapped the equity market on Wednesday evening for funds.

Agricultural Development Bank of China took Rmb1.5bn ($215m) from a tap of its outstanding dim sum bond on Tuesday. Thanks to little supply in the offshore renminbi bond market, the issuer pulled off a tightly priced deal, even finding support from price-sensitive hedge fund investors.

Right Lane, a wholly-owned subsidiary of Chinese conglomerate Legend Holdings, has returned to the market for a $350m loan.

Hong Kong-based Value Partners Group has been added to a growing list of asset managers of foreign private funds that are allowed to provide investment advisory services in mainland China since last year.

Bank of Singapore, the private banking arm of OCBC Bank, has created a new job of head of wealth planning for Greater China and North Asia, giving the position to an ex-HSBC banker.

As the coronavirus rages on across mainland China, simple daily tasks can morph into a whole new way of doing things.

The outbreak of the coronavirus has added to challenges in a surprising part of Asia’s capital markets — loan syndications, typically known for being resilient and slower to be hit by global worries. But as Pan Yue reports, new loan launches have been put on the backburner and roadshows are being cancelled. Bankers are expecting more covenant waivers and difficulties in building their client base.