Hong Kong SAR

Citi has created a new position of head of corporate banking for Asia Pacific, naming Gerry Keefe to the role.

Mitsubishi UFJ Securities (HK) has hired former Barclays banker Alan Choi as executive director for the capital markets group, effective from April 5.

Hong Kong-listed China Green (Holdings) has missed redemptions and interest payments on two renminbi-denominated but dollar settled convertible bonds, according to a filing with the Hong Kong Stock Exchange on Tuesday.

Deutsche Bank has hired James Boyle from Citi to be head of equities for Asia Pacific after Rob Ebert retires from the role.

Echosens, the French subsidiary of Shenzhen-listed Inner Mongolia Furui Medical Science Co, is preparing a float on the main board of the Hong Kong Stock Exchange.

French lender Natixis announced on Wednesday that it has created a global structured credit and solutions (GSCS) business in Asia Pacific.

Chinese brokerage Orient Securities Co has applied for the go ahead to list on the Hong Kong Stock Exchange in an IPO that could raise $1.5bn, according to sources with knowledge of the deal.

AK Medical Holdings has applied to list in Hong Kong and is working with Goldman Sachs as the sole sponsor.

Hong Kong has a very important role to play in the Asian Infrastructure Investment Bank, with the financial centre expected to be accepted as a member as early as June 2016, said Jin Liqun, president of AIIB, at a forum held in Hong Kong on Thursday.

In this round-up, China reports the first gain in foreign exchange reserves for March, a treasury official said preparations for the Shenzhen Connect have been completed, an RMB globalisation index dropped further in February, and Deutsche Bank assisted a corporate client set up a cross-border RMB liquidity solution. Plus, a recap of our top stories this week.

Hong Kong-based commodities trader Noble Group is back in the market for a $1bn loan to refinance outstanding debt. But the company is paying up dearly for the fundraising as it battles scepticism around its sector and the state of its financials. Shruti Chaturvedi reports.

Guosen Securities (HK) Financial Holdings Company has received a capital injection of HK$300m ($38.67m) from its parent Guosen Securities, according to an announcement on April 2.