Hong Kong SAR

The Asia Pacific Loan Market Association named a new chairman at the annual general meeting in Hong Kong on Wednesday.

It was the best of times, it was the worst of times. It was the age of financial technology, it was the age of carrying your money around in a duffel bag. It was the epoch of cashless payment systems and disruption, it was the epoch of an old man riding an elephant over a mountain to the nearest bank branch.

English-language training provider Meten International Education Group filed an application with the US Securities and Exchange Commission on Wednesday for its proposed offering of American Depository Shares (ADS).

Consumer lending giant Home Credit is planning an IPO in Hong Kong that could raise about $1bn, according to a source familiar with the matter.

Société Générale has moved one of its London bankers to Hong Kong to take over as head of the Asia Pacific debt capital markets syndicate team.

Chinese clothing company Mulsanne Group Holding has priced its Hong Kong IPO below the indicative range, citing volatile markets fueled by the US-China trade war.

Hong Kong scored with a $1bn debut green bond this week, after investors poured more than $4bn into the transaction’s final order book. The deal was a strategic attempt by the government to encourage the development of green financing in the city, but the impact remains to be seen. Morgan Davis reports.

Haitong UniTrust International Leasing Corp has finally begun bookbuilding for an IPO, more than two years after it first announced plans to list on the Hong Kong Stock Exchange.

Xinyi Energy Holdings has come through tough market conditions to finalise its Hong Kong IPO, pricing the deal towards the bottom of the guidance range.

Hansoh Pharmaceutical Group has won approval from the Hong Kong Stock Exchange for a new listing worth up to $1bn.

Biopharmaceutical company Mabpharm has launched the deal roadshow for its IPO and is targeting proceeds of up to HK$1.53bn ($194.7m).

The market welcomed a dose of investment grade rated corporate and financial supply on Thursday. State-owned enterprise (SOE) Shougang Group saw its bond rally in the aftermarket, while onshore brokerage Huatai Securities and China Ping An Insurance Overseas also managed to price deals tightly.