Hong Kong SAR

China YuHua Education Corp raised HK$936.7m ($120.1m) from a quick return to the equity market after listing in February.

Hong Kong’s overnight interbank lending rate spiked dramatically this week, after a horde of retail investors borrowed on margin to place bets on two IPOs.

Cathay United picks corporate banking head — Raciti set to run ANZ Korea — Ramachandran confirmed for Westpac CIB — Standard Chartered rings the changes

Busy seasons get the best of all of us. The sleep deprivation, the late nights of mixing caffeine and booze, and the camaraderie we bankers feel working to exhaustion as part of a team is something I dearly miss.

China Literature has priced its listing at the top of guidance, raising HK$8.3bn ($1.06bn) after closing the books hundreds of times oversubscribed.

BNP Paribas is shaking up its equity-linked unit in Asia with the transfer of a senior banker to Singapore and a new hire, sources close to the matter said.

Many international investors are refraining from participating in Bond Connect because they still have little clue on how their investments will be taxed, as well as hoping for more institutions to offer FX liquidity to the scheme, according to market participants.

Cathay United Bank has named a replacement for Benjamin Wong following the senior loans banker’s exit from the Taiwanese lender’s Hong Kong branch after less than a year.

Hong Kong property developer CNQC International Holdings pulled off a S$100m ($73.4m) bond sale on Tuesday, following a booming first half of the year for the company.

Standard Chartered has added a debt capital markets banker with over 10 years of experience to its team in Hong Kong, bolstering the Greater China business.

Yixin Group is pre-marketing a Hong Kong IPO to raise between $700m to $800m. The bookbuild is set to start next week.

Tencent-backed China Literature has closed books on its red-hot HK$8.3bn ($1.1bn) Hong Kong IPO a day earlier than planned, although there was no firm price guidance from the lead banks.