Hong Kong SAR

After some shocking first day flops in recent months, Hong Kong IPOs have become a nerve racking investment, and investors are responding by changing their approach to the city’s primary equity market. Investors have lost trust in their ability to assess an opportunity and are looking for reassurance from their peers, writes Jonathan Breen.

Hong Kong Exchange (HKEX) chief executive Charles Li laid out the exchange’s plans for 2017, with a strong focus on expanding its RMB offering through new products such as Chinese treasury bond futures and connectivity with China’s bond market.

The Japanese bank has named former Standard Chartered senior banker Pramod Shenoi to the newly created role of head of DCM, FIG for Asia ex-Japan.

In the third and final part of our outlook on RMB internationalisation, industry experts address how the recent capital controls affect the diversification drive by Chinese investors, and how infrastructure upgrades, such as the prospect of 24-hour trading capabilities, could provide a much-needed to boost the RMB's global role.

Standard Chartered has made a series of changes to its business in north Asia, including appointing a new chief executive in Hong Kong.

Hong Kong-based insurer FWD priced a $250m subordinated, perpetual dollar denominated note on Tuesday off the back of a $6.75bn order book, making the deal around 26 times covered.

The head of debt syndicate for Asia Pacific at Natixis is understood to have resigned from the bank.

Hong Kong’s market watchdog has named Standard Chartered and UBS as defendants in a suit over the botched 2009 IPO of China Forestry Holdings Co.

Bank of Communications' investment banking arm is set to separate from its parent and list in Hong Kong, according to a draft prospectus it filed with the city’s bourse.

TPG Stallion Holdings has raised HK$542.7m ($70.0m) after offloading a chunk of its shares in Chinese firm Li Ning Co.

Details of the long-awaited China-Hong Kong Bond Connect scheme are set to be unveiled soon by the Hong Kong Exchange (HKEX), providing a whole new asset class for Mutual Market Access investors.

Sogo department stores operator Lifestyle International is eyeing HK$9bn ($1.16bn) loan to finance a project coming up on a plot of land the company acquired last year. Discussions for the loan have been ongoing since November.