Hong Kong SAR

Hansoh Pharmaceutical Group kicked off the roadshow for its Hong Kong listing this week, with up to HK$7.9bn ($1bn) of proceeds in its sights. The deal got off to a strong start with the help of a cornerstone group that included Singapore’s sovereign wealth fund, as well as an early turnout from international institutions. Jonathan Breen reports.

Bankers of my generation all know a bit of the dead language of the Romans. But I was greatly surprised when I met a young banker who had also gone through Wheelock’s Latin textbook.

JH Educational Technology will hit the road for its Hong Kong Stock Exchange listing after it completes investor education this Friday.

Mulsanne Group Holding wrapped up its IPO last week in a way Hong Kong had never seen before: pricing its shares below the initial offer range. Its approach has shown future listing hopefuls how to wield a crucial tool in combating volatility fuelled by trade wars.

CSSC Shipping has commenced bookbuilding for its IPO on the Hong Kong Stock Exchange.

The People’s Bank of China (PBoC) and the State Administration of Foreign Exchange (Safe) have set new rules on cross-border capital management for Chinese Depository Receipt (CDR) issuers. Meanwhile, the Shanghai tech board’s listing committee will give its verdict on three candidates on June 5.

Chinese financial services provider Haitong UniTrust has completed its bookbuild for an offering on the Hong Kong Stock Exchange.

In this round up, the US government is considering blacklisting five other telecom companies, the People’s Bank of China (PBoC) intervened three times in the renminbi FX market and two of the four mega banks are ready to launch their own wealth management subsidiaries

China's Frontage Holding Corp has raised HK$1.6bn ($204.6m) with an IPO on the Hong Kong Stock Exchange, after pricing the deal at the top of its guidance range.

Biopharmaceuticals company Mabpharm launched bookbuilding for its up to HK$1.53bn ($195m) flotation, while Hansoh Pharmaceutical Group set pre-marketing in motion for its Hong Kong listing.

Mulsanne Group Holding broke new ground this week by pricing its IPO below the initial marketed range, debuting a mechanism introduced to the Hong Kong stock market just last year. The move could become more common in the city if US-China trade tensions continue to ramp up market volatility, according to equity capital markets bankers. Jonathan Breen reports.

Agricultural Development Bank of China (ADBC), one of the three policy banks in China, sold a Rmb3bn ($434m) dim sum bond with a Rmb200m retail portion on Thursday. The issuer added another Rmb1bn offering during bookbuilding thanks to ultra high demand.