Hong Kong SAR

Citi has lost its vice-chairman for Asean corporate and investment banking Tracey Woon, who is joining UBS in the third quarter of 2016.

Wang Xiao Zhou, who heads up loan syndication and product portfolio management at Bank of China, is leaving for a new position with Bank of China Group Investment (BoCGI).

Citi has boosted its research capabilities in Asia, hiring Liu Li-Gang as chief economist for China.

Hong Kong Broadband Network has signed a HK$700m ($90m) loan to fund the acquisition of telecommunication businesses Concord Ideas and Simple Click Investments, with the first drawdown scheduled to take place on Thursday.

Christopher Fok, a member of the equity syndicate team at UBS in Hong Kong, left the Swiss bank last week.

Chinese hospital owner Zhongmei Healthcare Group has picked the Hong Kong Stock Exchange for an upcoming IPO, joining a handful of other names from the sector that are also vying for a listing.

Ngai Shun Holdings is planning a HK$903.87m ($116.57m) rights offer with the support of just one underwriter, as it faces a tough time raising funds from investors and banks.

Huishang Bank Corp has received approval from its board to issue an offshore bond to replenish its additional tier one capital, in a deal that will be the issuer’s debut in the international debt market.

Nameson Holdings is braving the pre-Easter lull with a HK$665m ($86m) Hong Kong IPO, which launched on Thursday with the parent of Japanese clothing chain Uniqlo among its cornerstone investors.

Chinese regional lender Bank of Jinzhou is planning to launch an H-share private placement in Hong Kong, according to a filing with the city’s stock exchange on Thursday.

Hong Kong Airlines made a quick return to the international bond market on Wednesday with a $120m tap of its maiden dollar issue from January.

A pair of Chinese regional lenders, China Zheshang Bank and Bank of Tianjin, have created a stir in the market, pricing the year’s two largest IPOs globally. The firms raised a combined HK$20.4bn ($2.6bn) and pushed Hong Kong’s stock exchange to the top spot for primary market volume so far in 2016.