Hong Kong SAR

The board of directors of Hong Kong Exchanges and Clearing has renewed the contract of chief executive Charles Li for three years.

Bank of China Group Investment (BOCGI) is returning to the Panda market after a year-long absence. Unlike the last transaction, the issuer will sell the bond on the Shanghai Stock Exchange, instead of the interbank bond market, marking its first outing on the exchanges.

Jiangxi Bank Co has kicked off a week-long roadshow for its up to HK$7.8bn ($992.9m) Hong Kong IPO, set to be the second largest listing in the city so far this year.

Shares of China Resources Cement Holdings tumbled at the open on Tuesday following an overnight equity block trade that was done at a 10% discount and raised HK$4.2bn ($533.4m).

China Railway Construction Corp’s board has approved the spin-off of its heavy industry arm through an IPO in Hong Kong.

Hong Kong Exchanges and Clearing (HKEX) is planning to formally re-launch a futures contract for Chinese treasury bonds (T-bond), after piloting the product last year, Charles Li, chief executive of the bourse, told the HKEX’s RMB Fixed Income and Currency Conference on Tuesday.

CCB International, a subsidiary of China Construction Bank Corp, has returned to the offshore loan market after a three-year absence for a $500m deal.

For all the talk of a deluge of tech IPOs soon hitting the Asian (and especially Hong Kong) markets, the performance of new listings and investor appetite there both remain decidedly subdued, writes Clawback columnist Philippe Espinasse.

Deutsche Bank is losing its head of Asia equity-linked business, with Keyvan Zolfaghari set to leave the firm for Goldman Sachs.

An asset manager lists ETF tracking onshore Chinese treasury and policy bank bonds, Schroders launches private fund in the mainland to target the domestic equity market, and China’s foreign exchange reserves shrink by 0.46%.

HSBC has named Sean Henderson and Sean McNelis as co-heads of debt capital markets, Asia Pacific, with immediate effect, according to a memo seen by GlobalCapital Asia.

Citi has made two senior changes to its Asia Pacific financial institutions group (FIG), according to an internal memo seen by GlobalCapital Asia on Friday.