Hong Kong SAR

Emperor International Holdings is gearing up for a new dollar bond, hiring nine firms to work on the transaction, while Japfa Comfeed Indonesia is looking for fresh funds to partly redeem its 2018s.

Min Xin Holdings is looking to raise HK$827m ($107m) via a rights issue to pay down bank borrowings, according to a filing made after markets closed last Friday.

Pre-marketing for Asian IPOs picked up in earnest on Monday, with Guotai Junan Securities Co’s $2bn listing in Hong Kong among those vying for investor attention.

Credit Suisse is cutting six equities jobs from its Hong Kong and Tokyo offices, according to sources familiar with the matter.

Bank of America Merrill Lynch’s head of southeast Asia FIG investment banking and a managing director in the Asia Pacific financial sponsors group have left.

UBS has made a number of new hires across its Asia Pacific businesses, according to memos seen by GlobalCapital Asia this week.

Citi has reshuffled its southeast Asian corporate and investment banking (CIB) leadership, with David Biller and Jonathan Quek set to take on more responsibility.

The equity market for Chinese education companies in Hong Kong is heating up, with Minsheng Education Group Co, the first pure play university IPO from the mainland, finishing bookbuilding this week to much success. All the signs show that investors are excited about the sector, writes Jonathan Breen.

Hong Kong-listed Fosun International ventured out with a new offering on Thursday following reverse enquiry and on the back of the FOMC meeting. Sources in the market said secondary markets reacted positively to the rate hike.

Hong Kong’s market watchdog has slapped a HK$15m ($1.9m) fine on BoCom International (Asia) for failing to discharge its duties as a sponsor in the listing application of China Huinong Capital Group.

China New Higher Education Group has resubmitted a draft prospectus with the Hong Kong Stock Exchange, looking to follow the stream of Chinese education companies that are listing in the city in 2017.

C C Land Holdings is planning a rights issue worth HK$2.65bn ($341.35m) to top up its working capital after it bought London's iconic Leadenhall Building, also known as the Cheesegrater.