Hong Kong SAR

Environmental protection services provider Shenzhen Leoking Environmental Group has set the ball rolling for a Hong Kong listing, having filed draft documents with the bourse.

John Lee will become sole head of Greater China global banking at UBS next year, after co-head Xuewen Bi steps down from his day-to-day managerial job.

Chinese provincial lender Bank of Guizhou kicked off bookbuilding for its Hong Kong IPO on Monday, seeking HK$5.7bn ($736.8m) from the deal.

Powerlong Commercial Management Holdings launched the roadshow for its HK$1.5bn ($193m) IPO on Monday. The property management company is being spun off by Powerlong Real Estate Holdings.

In this round-up, the US and China set terms for the phase one trade deal, Chinese industrial production grew more than expected and the People’s Bank of China will sell Rmb10bn ($1.43bn) of bills in Hong Kong this week.

In this round-up, US president Donald Trump reportedly signed the phase one trade deal on Thursday, China concluded the Central Economic Work Conference and the Mainland government is set to turn Macau into a financial hub with new policies.

Chinese property developer Hydoo International Holding has priced new notes as part of an exchange offer, issuing $193.5m of two year bonds that include around $82m of new money.

I don’t often write rave tributes about high profile people but Paul Volcker warrants one this week.

After a bruising year for Hong Kong’s stock markets, investor sentiment has rebounded in recent weeks. There is renewed optimism among fund managers, which is fuelling interest in the SAR’s ECM deals as 2019 draws to a close. Aidan Gregory and Jonathan Breen report.

Langham Hospitality Investments has closed a HK$7.5bn ($958m) sustainability-linked deal with 11 lenders, marking the first loan of its kind from the hospitality sector in Asia.

Chinese lender Bank of Guizhou filed an updated IPO prospectus with the Hong Kong bourse on Monday, having first tested appetite for its listing in September.

Chinese property manager Powerlong Commercial Management Holdings is meeting with prospective investors this week to gauge interest in its Hong Kong IPO, according to a source familiar with the matter.