Hong Kong SAR

Credit Suisse’s top man in loan syndications for Asia is leaving the bank to pursue new opportunities, according to sources close to the move.

Weber Lo, country officer and chief executive of Hong Kong and Macau at Citi, has resigned from the bank effective May 1, according to an internal memo and confirmed by a bank spokesperson.

Invesco unveils a fixed income fund focused on Belt and Road countries, regulators release the first batch of qualified foreign institutional investor (QFII) quotas of 2018, and Boston-based Acadian Asset Management begins buying Chinese A-shares.

Stock Connect volumes and a broader RMB offering played a key role in helping the Hong Kong Exchange (HKEX) turn a profit last year.

Brian Gu, one of JP Morgan’s most senior investment bankers in Asia, has left the bank to join Chinese electric car startup XPENG Motors.

The IPO filing season in Hong Kong is picking up steam, with a number of issuers submitting their applications for new listings this week.

Hopes that green bonds will become an established segment of the sovereign bond market rose this week when Belgium launched its first one to an enthusiastic reception and Hong Kong’s government set out plans for a HK$100bn ($12.8bn) green bond programme.

The first of Hong Kong’s post-Lunar New Year IPOs got going this week. China Boqi Environmental Holdings hit screens with a HK$908m ($116m) transaction.

Senior fixed income banker Michael Luk has joined CLSA as global head of debt capital markets, after a one year stint with the Singapore Exchange.

Hong Kong-listed LK Technology Holdings has divvied up its latest borrowing among 14 lenders.

A member of the ECM syndicate team at BOC International in Hong Kong has left to join Goldman Sachs, according to sources close to the move.

Impro Precision Industries is seeking a Hong Kong listing with Morgan Stanley as the left lead and a sponsor alongside BOC International.