Hong Kong SAR

Cofco Meat Holdings has launched an up to HK$2.59bn ($333m) listing in Hong Kong after wooing three investors as cornerstones.

Preparations for the Shenzhen-Hong Kong Stock Connect are in full swing as the Hong Kong and Shenzhen stock exchanges embark on international roadshows ahead of its expected November launch.

Asia is gearing up for a bumper week of IPOs, with two $2bn deals launching on Monday and other smaller-sized floats vying for investor attention in what has been an action-packed October.

Hong Kong Broadband Network has returned to the market after just seven months to refinance its outstanding loans. The steady downtrend in pricing for high grade borrowers prompted the move.

Hong Kong-listed company Li & Fung has established a $2bn medium term note and perpetual securities programme, appointing Citi and HSBC as arrangers.

Deutsche Bank has hired a senior banker from UBS for the newly created role of Asia Pacific head of financial sponsors coverage.

China Industrial Securities International Financial Group has successfully priced a HK$1.3bn ($171.4m) IPO on Hong Kong’s Growth Enterprise Market, the largest on the board in nearly a decade.

China Resources Pharmaceutical Group’s HK$15.7bn ($2.0bn) Hong Kong IPO got off to a flying start this week, with books covered and support from high profile cornerstone investors giving it momentum.

September has been my favourite month this year, as I managed to enjoy some peace and quiet at Captain’s Bar, thanks to all the young’uns working like mad to push out deals. And when I say young, I mean some are really, unbelievably, young — at least judging by their looks.

Haitong International Securities Group has printed its first convertible bond in two years. It is the first zero coupon CB from an international arm of a Chinese securities house, said bankers close to the deal.

A number of banks are processing approvals for a club loan being arranged by Hong Kong-based personal loan provider PrimeCredit.

China Resources Pharmaceutical Group has lined up eight cornerstone investors for its HK$15.6bn ($2.0bn) Hong Kong IPO, with the group agreeing to buy $916m worth of shares.