Hong Kong SAR

Goldman hires from IMF — UBS adds to debt origination — Bank Alfalah, CLSA ink pact for Pakistan — Credit Suisse taps Japan CEO — PNB scoops up former HSBC banker

It was not many weeks ago that your humble columnist hinted that his days of drinking were done. When will this promise finally be kept?

Belle International reeled in some five banks in general syndication for its HK$30bn ($3.8bn) loan, with several more commitments left to be processed before the deal is closed.

Chinese technology unicorn Meituan Dianping is gauging appetite for its potential $4bn Hong Kong IPO, which has already received a large amount of interest from US investors. But there are challenges ahead, as the company faces down e-commerce giant Alibaba Group Holdings. Jonathan Breen reports.

China Conch Venture Holdings has bagged HK$3.9bn ($500m) from its debut in the equity-linked market, riding on the back of its surging share price.

Chinese technology unicorn Meituan Dianping has started pre-marketing its potential $4bn Hong Kong IPO, quickly receiving a flood of interest from US investors. But there are challenges ahead, as the company faces a strong affront from e-commerce giant Alibaba Group Holdings.

A recent ratings outlook upgrade for Hong Kong developer Nan Fung International Holdings gave it a fillip, helping it raise $500m from a 10 year bond issuance on Tuesday.

Chinese firm Tubatu Group Holdings is seeking the greenlight to list in Hong Kong, filing a draft prospectus with the city’s bourse on Tuesday.

Agricultural Bank of China’s Hong Kong-based subsidiary got its first taste of the onshore bond market — and its policy-inspired volatility — as the Chinese central bank tightened bond underwriting rules and statements from the finance ministry led to a spike in supply of local government debt.

Signs of a revival in primary bond market activity were evident on Tuesday when four Asian issuers ventured out for new dollar transactions, setting the stage for what is set to be a busy September.

Impro Precision Industries revived its Hong Kong IPO plans on Monday, resubmitting its listing documents to the exchange.

Zhejiang New Century Hotel Management, a unit of Chinese billionaire Chen Miaolin’s New Century Group, has filed for an IPO in Hong Kong.