Hong Kong SAR

Crédit Agricole has nabbed one of HSBC’s former sustainability bond leads to work on its sustainable financing team in Asia.

Chinese biopharmaceutical company Alphamab Oncology is planning to start sounding out investors for its Hong Kong IPO later this week, according to a source close to the transaction.

Credit Suisse has hired Ivan Lee as a vice-president in the syndication and distribution team, according to a source close to the move.

ANZ has hired Carson Tse from HSBC as a senior manager in its loan syndications team in Hong Kong.

JP Morgan has appointed Mark Fiteny to the newly created job of head of new economy for Asia Pacific.

Emerging market consumer finance company Home Credit filed its draft prospectus in Hong Kong on Monday, setting its $1bn-plus IPO in motion, according to a source with direct knowledge of the matter.

BNP Paribas has hired a former executive director at Natixis to lead its sustainable capital markets team for Asia Pacific.

Budweiser Brewing Company Apac shelved what could have been the largest float globally so far this year and the biggest in nearly a decade in Hong Kong after investors rejected its punchy valuation target, dealing a blow to the city’s IPO market.

Nine Dragons Paper has moved a HK$3.9bn ($498m) loan into general syndication, giving a small group of banks two weeks to make a decision on the deal.

CLSA’s former chief executive Jonathan Slone has joined Jefferies Group as chairman of Asia, adding to the growing exodus of staff from the Citic Securities-backed bank to the US firm.

Blue chip Hong Kong issuer New World Development Co has priced a 10 year bond worth $950m, after the leads decided to start bookbuilding at a generous level to build momentum.

Budweiser Brewing Apac has delayed pricing its jumbo float on the Hong Kong Stock Exchange, according to a source at the company.