Hong Kong SAR

Chow Sang Sang Holdings International, the Hong Kong jewellery retailer, is expanding its securities business to onshore China, signing a joint venture with several Mainland partners.

Global Financial Markets Association (GFMA) announced a series of management changes on Monday US time, including the appointment of a new chief executive officer.

The launch of Shenzhen-Hong Kong Stock Connect is an exciting development but of more importance is whether this further opening up of China’s capital account increases the odds of A-shares making it into the MSCI Emerging Markets Index, according to market participants.

An A$500m ($380m) five year facility to support Philippine company Universal Robina Corp’s (URC) acquisition of Snack Brands Australia has attracted commitments from about 15 banks.

State-owned CSC Financial Co has opened books on its HK$8.2bn ($1.1bn) IPO in Hong Kong, with value seen for the shares at the low end of the price range.

Paint and coating manufacturer CPM Group is planning to float its shares in Hong Kong, according to a draft prospectus filed with the city’s bourse.

Chinese auto company Loncin Holdings launched a new dim sum bond Monday, the issuer’s first international market transaction, as two other Chinese names issued mandates for their own debuts.

Chinese and Hong Kong authorities have finally agreed on a December 5 launch date for the Shenzhen-Hong Kong Stock Connect — just over two years after the launch of the Shanghai Connect. Here is GlobalRMB’s lowdown on what you need to know about the upcoming initiative.

In this Monday round-up, Shenzhen gets connected, the RMB stabilises and China capital outflows in the spotlight.

AirAsia is planning two IPOs, one of which will package stakes in all its southeast Asian low cost carriers into a Hong Kong listing, the airline’s group CEO said.

Hon Hai-owned Foxconn Interconnect Technology, also known as FIT Hon Teng, has put its IPO plans on hold until next year after getting poor feedback from investors.

China Securities Finance Co is poised to be the fourth brokerage to raise about $1bn in a Hong Kong IPO this year when it launches on Monday, having set terms for the trade.