Hong Kong SAR

In this round-up, China’s December consumer price index inflation flattened, Anhui-based Huishang Bank is considering taking over 15% of Baoshang Bank and Industrial and Commercial Bank of China is set to sell Rmb80bn ($11.5bn) of offshore perpetual bonds and onshore tier two bonds this year.

Mainland-based property developer Sunac China Holdings has raised HK$8bn ($1.03bn) after issuing a chunk of new shares.

Jiumaojiu International Holdings bagged HK$2.2bn ($283.3m) this week from its IPO after bulging retail and institutional books pushed pricing to the top of guidance, according to a source familiar with the matter.

Yuexiu Transport Infrastructure, a Hong Kong-listed investor and operator of highways and bridges in China's Guangdong province, sealed its second Rmb1bn ($144m) Panda bond on Thursday.

I love a good story about the days gone by. I remember when liquid lunches were not just accepted but encouraged. My best ideas often came after downing martinis over a long lunch. But a recent story from Australia makes my wild days of boozy work meals look quite tame.

Weigao Holding Co has sold a $150m bond exchangeable into the H-shares of Shandong Weigao Group Medical Polymer Co, notching a number of firsts in the process.

Asia’s debt and equity markets made a roaring start to 2020, with dollar bonds flooding the market and companies lining up for IPOs. But the first few days of the new year have also shown that issuers, capital markets bankers and investors should be prepared for some nasty surprises.

Helen Wong, former chief executive of Greater China at HSBC, is joining OCBC Bank as deputy president and head of global wholesale banking.

Minmetals Land’s subsidiary, Onfem Finance, has attracted 17 lenders during syndication, allowing the borrower to boost its loan to HK$6bn ($771m).

A group of shareholders in Xinyi Solar Holdings have bagged HK$1.79bn ($230.7m) after selling a block of shares in the company, according to a source familiar with the matter.

The Shanghai Stock Exchange’s Star board is set to welcome two new companies, as Waison Holdings and Shanghai Electric Group plan to list subsidiaries on China's Nasdaq-style market.

Chinese artificial intelligence company Megvii Technology is moving forward with its plan to list in Hong Kong, after getting the go-ahead from the city’s stock exchange, according to two sources close to the transaction.