Hong Kong SAR

Hong Kong’s Securities and Futures Commission (SFC) laid out plans for the development of green finance in the city last Friday, coinciding with the launch of a new green finance association.

Nomura has brought a senior banker back into its fold to lead the convertible bond origination business in Asia ex-Japan, according to a memo seen by GlobalCapital Asia.

Boutique investment bank China Renaissance has wrapped up its HK$2.7bn ($345.5m) IPO at the bottom of guidance, with the deal multiple times subscribed.

A couple of times every year, Hong Kong faces the brunt of rather strong typhoons. But last Sunday was special, even for someone like me who has lived in the city for more than 20 years. We welcomed super typhoon Mangkhut.

Chinese hotpot chain Haidilao International Holding pulled off top-end pricing for its HK$7.56bn ($963.3m) Hong Kong IPO this week, wooing institutions with its unique story. But the lukewarm response from retail investors is being viewed as a blessing in disguise for allocations — and hopefully for the stock’s aftermarket performance. Jonathan Breen reports.

Chinese policy bank Agricultural Development Bank of China made its first foray into the dollar bond market on a busy Wednesday to raise $700m, alongside a Rmb1.2bn ($175m) return to offshore renminbi.

Dexin China Holdings, a Mainland property developer, has applied to list in Hong Kong through CCB International as sole sponsor.

WuXi AppTec has filed for a possible $1.9bn dual listing in Hong Kong after making a splash with its Shanghai IPO in May.

IPOs from Asian companies have painted a mixed picture, with deals continuing to get done even as the trade war between the US and China looks set to escalate. But the incredible share debuts of Nio and Qutoutiao last week are unlikely to mark a turning point. If anything, issuers should continue to tread cautiously on pricing.

Australia’s JC International Group is planning a dual primary listing on the main board of the Hong Kong Stock Exchange.

Mainland real estate developer Sunshine 100 China Holdings has raised HK$750m ($95.6m) from a five year convertible bond.

Goldman Sachs has named a new head of the financial institutions group in Asia Pacific ex-Japan, and a new co-chairman for global FIG.