Hong Kong SAR

China’s Panda bond market looks set to spring to life this year, with long-awaited guidelines said to be coming within the next two weeks. GlobalRMB takes an in-depth look at the potential for Panda bonds — and the hurdles that need to be cleared.

Sino-Ocean Property Holdings raised Rmb3bn ($469.4m) from the Panda market this week, which marked the issuer's first feat in the asset class in 10 months.

BAML’s Zaman off to the US — Citi’s Duffy leaves senior ECM role – StanChart names global strategy head

Chinese property developer Country Garden Holdings was forced to pull a Rmb1.8bn ($281.2m) three year Panda bond this week after investors demanded a better return amid rising volatility, writes Noah Sin.

Morgan Stanley was sole bookrunner on two overnight sell-downs in Asia this week. One transaction was for its Taiwanese private equity arm in shares of CTBC Financial Holdings.

Hong Kong’s stock market is in the grip of another euphoria-driven rally, with the Hang Seng Index smashing record after record this week. As Chinese investors pile into equities, parallels are being drawn to 2015, when a similar China-led bubble ended in tears. But this time is different, say market watchers. John Loh reports.

The Hong Kong Monetary Authority (HKMA) has agreed to strengthen financial markets cooperation with Switzerland's finance ministry, an effort that will encompass pushing forward China's RMB internationalisation agenda.

China Resources Land is coming back to the Panda market with a Rmb6bn ($941.6m) three year deal.

Bank of America Merrill Lynch’s Akram Zaman is returning to the US after a three year stint in Asia to head the equity syndicate desk in New York, according to sources.

UBS has made senior level changes to its Asia Pacific M&A and natural resources teams in a bid to boost its market position and client coverage.

Guotai Junan International raked in HK$1.99bn ($255.2m) from an H-share placement on Wednesday, its first tap of the equity capital markets in over three years.

Hong Kong’s stock exchange wants to make technical — but undoubtedly important — changes to Bond Connect, putting increasing emphasis on expanding its fixed income and currencies product offering, said Charles Li, the exchange’s chief executive.