Hong Kong SAR

Rici Healthcare Holdings kicked off pre-marketing for its up to $200m listing in Hong Kong on Thursday, according to bankers.

CP Pokphand, part of Thai firm Charoen Pokphand Group, has raised a $600m loan to repay outstanding debt.

China Development Bank Financial Leasing Co has launched its Hong Kong IPO, covering the HK$7.6bn ($980m) float at the low end of guidance. But it has only managed to do so with mainland cornerstone investors propping up nearly 80% of the deal.

Lifestyle International Holdings has returned to the loan market for a HK$8bn ($1bn) fundraising after a gap of nearly five years. The borrower, which operates the well-known Sogo department stores, has opted for a syndication instead of a club deal, with the rarity element of its name helping find to attract interest. Shruti Chaturvedi reports.

Hong Kong’s Securities and Futures Commission is improving its oversight of the city’s IPO process under proposed new rules that will give it earlier and more direct input on listing policy.

The Hong Kong Exchange (HKEX) and Thomson Reuters (TR) launched on June 23 a new series of indices to track movements of the RMB against a basket of currencies.

The Mutual Recognition of Funds (MRF) scheme has had a relatively slow start, but Chinese regulators are said to be looking at Luxembourg to expand the scope of the progamme, GlobalRMB has learned. But difficulties abound in bringing the project to reality.

China's GF Securities, which made its debut in the offshore syndicated loan market in 2014, is in talks with seven lenders for a fresh borrowing.

Chinese brokerage Everbright Securities Co is once again looking to join its many peers on the road to floating in Hong Kong, having refiled its application for a listing.

China’s Ministry of Finance (MoF) is poised to deliver its eleventh auction of offshore renminbi bonds in Hong Kong at the end of the month.

Truly International, the holding company of LCD panel maker Truly Group, has tied up a HK$4.5bn ($580m) four year financing with a group of nine banks.

Chinese investors are propping up most of China Development Bank Financial Leasing Co’s HK$7.6bn ($979.3m) listing, which launched on Tuesday with nearly 80% of the offer covered by mainland cornerstone investors.