Hong Kong SAR

Cogobuy Group has raised HK$2.0bn ($257.9m) from a share placement, drawing interest from large Chinese firms and regional buyers, according to a filing with the Hong Kong Stock Exchange.

Hong Kong-listed Television Broadcasts (TVB) is set to connect with bond investors for a debut dollar transaction.

Rici Healthcare Holdings is looking to raise up to HK$1.12bn ($144.37m) in a Hong Kong float, as the trade opened books on Thursday.

Postal Savings Bank of China (PSBC) made waves in the market this week, bringing its HK$57.6bn ($7.4bn) IPO in Hong Kong to a close as a third of investors were zeroed from the world’s biggest float in two years.

Postal Savings Bank of China has raised HK$57.6bn ($7.4bn) from its Hong Kong IPO after pricing the shares off the bottom of the range, with allocations dragging late into Wednesday evening.

Sun Century Group is looking to scoop up HK$960.7m ($123.8m) from a three-for-one rights offering to repay outstanding loans.

Hong Kong’s Securities and Futures Commission has begun consultations with market participants over plans to grow its futures and options market by relaxing trading position limits for listed derivatives.

Hong Kong and China-based fintech lender WeLab could be a sign of things to come in the Asian syndicated loans market as the start-up seeks out its debut borrowing. Some banks will no doubt cast off the industry as a fad and give it a miss. But now is as good a time as any to take a fresh look at fintech.

In a week where much of the attention has been on Postal Savings Bank of China’s mammoth IPO, Chinese firm Rici Healthcare Holdings is getting ready to jump into the equities market for a potential $200m listing, according to sources.

Postal Savings Bank of China has narrowed the price range on its Hong Kong IPO to the bottom half of guidance, and is set to raise up to HK$58.8bn ($7.6bn) in the world’s biggest listing in two years.

Gold One Group, which produces low-cost gold in South Africa and is part of the Citic Group, is laying the groundwork for a Hong Kong listing with a preliminary filing.

Honma Golf has started taking orders for its HK$1.5bn ($193.3m) listing, while China Merchants Securities Co is set to kick off its IPO next week.