Hong Kong SAR

A veteran debt banker at BNP Paribas is set to leave the firm at the end of October, according to multiple sources close to the situation.

Chinese outdoor leisure products developer Bestway Global Holding is tapping the offshore loan market for the first time for an up to $150m borrowing.

Foreign appetite for China’s ABS market is growing fast, although the trade war and market infrastructure still pose challenges, according to panellists at IMN’s first Asian Structured Credit Summit on October 24.

China Gas Holdings doubled the size of its Panda bond to Rmb2bn ($288m) on Wednesday, thanks to strong demand from investors, according to bankers.

Global equity markets were slammed this week, with a rout on Wednesday wiping out all the gains this year in the US. Amid the turmoil, a handful of technology firms were awaiting approvals to list in Hong Kong — some are expected to take a cautious approach but most are gearing up for a last-minute dash to find a closing IPO window. Jonathan Breen reports.

Xinyi Glass has dropped a non-financial covenant on its HK$750m ($96m) borrowing, which was launched into general syndication in August.

Goldman Sachs has named Todd Leland as head of investment banking division (IBD) for Asia Pacific ex-Japan, as his predecessors Andrea Vella and Kate Richdale step up to become co-chairs for the region.

Bank of China Hong Kong Asset Management (BOCHK AM) is targeting risk-averse investors with a new onshore-offshore fund that focuses on short-term paper.

Beijing Huatu Hongyang Education & Culture Corp has revived its Hong Kong IPO plans, refiling a draft prospectus with updated financial information.

Job interviews are not fun at the best of times, and at worst, they are like brutal interrogations. But some are just downright confusing, on both sides of the table.

Deutsche appoints north Asia loans head – Roch jumps to StanChart – Change of guards in HSBC Philippines, Singapore

Investment managers have plenty of work to do to shift global investors’ sentiment on China, Ashley Dale, head of business development at Harvest Global Investments (HGI), tells GlobalRMB.