Hong Kong SAR

AMTD Group Company priced its second international bond on Thursday, also the only senior perpetual transaction from an unlisted, unrated Hong Kong-based borrower. The lack of suitable comparables posed a challenge, with the issuer deciding to leave some money on the table to support the aftermarket performance.

HNA Group company Hainan Airlines Holding Co will meet investors in Hong Kong next week for an unrated senior bond denominated in dollars

Xinyi Solar Holdings raised HK$1.5bn ($194.5m) from a rights offering after investors flooded into the deal, the company said.

A shareholder in Johnson Electric Holdings sold down its stake for HK$800m ($103m) on Thursday, in a deal buoyed by a surge in demand from long-only funds that surprised even the lead.

China Traditional Chinese Medicine Holdings is returning to the Panda bond market for Rmb2bn ($294.2m) three year notes, according to documents filed with Shanghai Clearing House.

A $280m refinancing for Kingsbridge, the holding company of cable TV service provider Asia Broadcast Satellite (ABS), has been allocated among 14 lenders.

We’ve all had our moments of celebrating a bit too hard and imbibing a tad too much. Normally, the worst that happens is a rough morning in the office the next day. But for a friend of mine, a few cheeky drinks proved disastrous.

Fosun International-backed Sisram Medical is looking to list in Hong Kong for around $200m, filing a draft prospectus on Wednesday.

Guangzhou Rural Commercial Bank Co’s HK$8.34bn ($1.07bn) Hong Kong IPO is covered after three Mainland investors lent their support as cornerstones.

Investors went crazy for WuXi Biologics’ HK$3.9bn ($500.4m) Hong Kong IPO, driving pricing to the top of expectations as hundreds of global accounts poured in.

There was not enough stock to go around when TPG Stallion sold the last of its equity in Li Ning Co this week. The HK$885.2m ($113.6m) fundraising not only priced at a small discount but also gained nearly 10% in secondary.

Bond Connect will only provide northbound trading for the next few years, Charles Li, chief executive of the Hong Kong Exchange, has said.