Hong Kong SAR

Bank of China’s Hong Kong-based debt syndicate head Sebastian Ha is leaving the firm next month.

NWS Holdings and Sino-Ocean Group Holding received more than $4bn in orders for their respective bond outings, with their deals in hot demand both in primary and secondary markets.

Hansoh Pharmaceutical Group is preparing to kick off the roadshow for its Hong Kong IPO in February after Chinese New Year, according to a source close to the transaction.

In this round-up, Ping An Bank’s latest convertible bonds broke demand record, state-owned enterprises posted strong growth, and Traiana partnered with Hong Kong Exchange and Clearing to provide OTC clearing.

Hong Kong-listed Wharf Holdings, whose operations span property development and investment, is seeking a HK$8bn ($1bn) borrowing at tight levels.

Chinese drug developer Luye Pharma Group has closed a $300m loan after a five-month syndication.

Goldman Sachs has appointed Jung Min as co-head of its Asia Pacific ex-Japan technology, media and telecom group.

The steep drop in equity capital market volumes in Asia this year is not worrying bankers just yet, as they set their sights on a pick-up in deal flow after the Chinese New Year holiday in early February.

Far East Horizon has opened into syndication a $580m-equivalent three year term loan via six mandated lead arrangers and bookrunners.

Investors swarmed to Johnson Electric Holdings’ maiden dollar bond transaction, allowing the borrower to raise $300m from a nearly six times oversubscribed deal at its peak.

Haitong UniTrust International Leasing, owned by Haitong International Securities, is seeking a $100m loan as its parent company also woos lenders to a separate, larger facility.

Chinese state-owned Shenwan Hongyuan Group and Hong Kong-based restaurant owner Tai Hing Group are preparing their IPOs for this year.