Hong Kong SAR

In this round-up, the Shanghai Stock Exchange said it will allow onshore investors to buy Hong Kong-listed dual-class shares, the International Monetary Fund urged the US and China to reach a trade deal and the Mainland securities regulator published guidance on securities houses’ bond underwriting practices.

Chinese firm InnoCare Pharma is looking for permission to list in Hong Kong, having filed a draft IPO prospectus with the city’s stock exchange.

Chinese mobile game developer CMGE Technology Group has kicked off the roadshow for its up to HK$1.3bn ($166.3m) Hong Kong IPO, finding early support from international investors, according to a source close to the deal.

Foreign banks are eager to gain full control of their Chinese securities joint ventures, after the regulator said it was abolishing a cap on foreign ownership. But fierce competition and difficult onshore regulations mean it is a long, rocky road ahead. Rebecca Feng reports.

When life gives you lemons, stay cool and ask life what else it has got.

India's Vedanta, Syndicate Bank make loan comeback — Shanghai Sinnoil defaults on $400m loan — Fullerton allocates $250m among 17 banks — Lesso closes $1.1bn refi — Indorent holds non-deal roadshows

Citi has made Peter Babej, head of its financial institutions group, its new chief executive officer in Asia Pacific, looking outside the region for a replacement of former boss Francisco Aristeguieta.

China’s Greater Bay Area has become a focus area for bankers, corporations and regulators. Ma Jun, one of China’s most prominent experts on green financing, thinks it could also become a green hub.

The Securities and Futures Commission’s chief executive officer Ashley Alder is set to step down in September next year.

Hong Kong’s stock exchange has hired former employee Bonnie Y Chan as its new head of listing. She will start next year.

Property manager Sichuan Languang Justbon Services Group has raised HK$1.59bn ($202.3m) from its IPO, after a surge of demand from institutional and retail investors, according to a source close to the deal.

China Lesso Group has increased a four year borrowing to around $1.1bn, after attracting 16 lenders during syndication.