Hong Kong SAR

Hong Kong-based AMTD International's stock surged by over 20% on its debut on the New York Stock Exchange, after the IPO was priced above the mid-point of guidance.

China Lesso Group Holding has launched a $900m four year borrowing into general syndication.

Hong Kong’s Hang Seng Index (HSI) fell by nearly 3% on Monday as a mass strike gripped the city, bringing chaos to public transport and local infrastructure.

In this round-up, the renminbi dropped below seven per US dollar for the first time since the global financial crisis, Hong Kong-listed companies with weighted voting rights are set to be included in the Stock Connect and regulators will score securities houses based on their ability to manage public opinion.

New Frontier Corp, a Hong Kong-based special purpose acquisition company (Spac), is planning to raise $300m-equivalent to support its $1.44bn purchase of China’s United Family Healthcare.

JP Morgan has bagged $400m from a rare cash-settled exchangeable bond, with Tencent Holdings as the reference stock, according to a source close to the deal.

China Lesso Group Holdings has mandated nine banks for a $900m loan.

In this round-up, Industrial and Commercial Bank of China bought an 11% stake in troubled Bank of Jinzhou, some Star-listed companies will become eligible for trading on the Stock Connect and the People’s Bank of China (PBoC) plans to tighten supervision of financial holding companies.

Shanghai-based and Hong Kong-listed chipmaker Semiconductor Manufacturing International Corp has sold a Rmb2bn ($291m) 270-day red Panda.

Tencent Holdings-backed Weimob has sealed a HK$1.17bn ($150.1m) top-up placement of new stock, while a handful of the company's shareholders bagged HK$230m from a block trade.

In this round-up, two more Chinese corporations defaulted on their domestic bonds, Bank of China (BOC) said offshore bonds were cheaper than onshore in June, and the Hong Kong market welcomed ETFs targeting China’s biotech and cloud computing sectors.

In this round-up, the US and China will meet in Shanghai next Tuesday to continue trade negotiations, newly elected UK prime minister Boris Johnson showed some love to China and Mainland regulators are continuing a crack-down on real estate financing firms.