Hong Kong SAR

AK Medical Holdings is reviving its Hong Kong IPO, filing draft documents for the second time after its initial attempt in April last year proved fruitless.

In the latest Clawback, columnist Philippe Espinasse puts cash trading numbers in Hong Kong under the microscope to some rather interesting results.

China Education Group is looking to follow a stream of its Mainland peers listing in Hong Kong, and is targeting an IPO of as much as $300m, according to a source close to the deal.

China SCE Property Holdings scooped up HK$1.6bn ($204.5m) from an overnight block on Thursday that was timed to perfection, taking advantage of a share price rally to its highest point for the year.

Driven by a rush to buy short term paper, Bond Connect flows through Shanghai Clearing House (SHCH)’s recorded their largest volume so far last week. But a closer look at the data suggests that markets are not getting the full picture of how successful the scheme has actually been.

Entertainment and gaming company Landing International Development has added HK$1.8bn ($230m) in fresh capital to its coffers after placing a chunk of new shares.

Sun Hung Kai & Co set a personal record this week, selling its largest dollar bond at its lowest coupon as private banks flocked to the unrated Hong Kong financial company.

The Communist Party congress is set to kick off on October 18, the emirate of Sharjah plans the Middle East’s first Panda bond issuance, and Swift data says the renminbi was the fifth most used currency for payments globally in July.

The drama surrounding credit default swaps referencing Noble Group escalated this week as the Asia Ex-Japan International Swaps and Derivatives Association determinations committee on Thursday pushed back the deadline for ruling on whether Noble has defaulted.

The idea of a Primary Equity Connect (PEC) linking China and Hong Kong has reared its head again after the Hong Kong Stock Exchange (HKSE) published a report trumping its benefits. Needless to say, the market is divided. While many see benefits, others see dangers in bringing the two markets closer together. Jonathan Breen reports.

Sisram Medical launched a HK$1.4bn ($174.2m) IPO in Hong Kong this week and hedge funds have already shown their support for the deal.

Hong Kong-listed China Silver Group is looking to spin off its online jewellery arm CSMall Group through a listing on the city’s bourse.