Hong Kong SAR

A subsidiary of Indonesian conglomerate Lippo Karawaci is bookbuilding for a potential Rph2.45tr ($183.8m) IPO of Dire Bowsprit Commercial & Infrastructure.

Bank of China taps new loans head — Maybank Kim Eng loses HK/China CEO — UBS adds three to equity sales trading, derivatives

ICBC (Asia) has begun offering 24-hour CNH prices for its clients, become the first Chinese bank to quote offshore renminbi all day.

Hong Kong is about to be treated to its first real estate investment trust listing since 2013 as Chinese state-owned Tianfang Hospitality Reit sets its sights on an IPO, according to a source familiar with the matter.

Hong Kong firm Sun Hing Printing Holdings is seeking approval to go public in the city, submitting a draft prospectus to the bourse on Tuesday.

Credit Suisse has given one of its most senior investment bankers in Asia the position of China CEO, as the bank increases its pivot to the region.

Oil and gas exploration and production company New Times Energy Corp is looking to raise around HK$738.8m ($95.2m) with an open offer of 3bn new shares, according to a filing with the Hong Kong Stock Exchange.

Hong Kong's IPO market relies heavily on Chinese issuers for deal flow, and with them a force of cornerstone investors. A much needed shake-up to the cosy cornerstone base is expected, thanks to new regulations by China’s foreign exchange regulator. But for those who view the change as a possible solution, the rules are likely to prove disappointing.

Industrial and Commercial Bank of China (ICBC) and Bank of Communications (BoCom), enjoyed success with their decision to jump on the floating rate note (FRN) bandwagon on Monday, via their Hong Kong branches. The former bagged $2bn from a triple-tranche offering and the latter $850m from a three year floater.

China YuHua Education Corp has hit the road to drum up demand for its Hong Kong listing, which could raise up to HK$1.9bn ($245.5m).

China Mengniu Dairy has tapped two banks for separate loans denominated in dollars and Hong Kong dollars to fund its acquisition of China Modern Dairy Holdings.

PCCW chased away the blues in Asia’s blocks market with a jumbo HK$8.53bn ($1.10bn) sell-down in subsidiary HKT last weekend — it was the region’s biggest overnight bookbuild this year.