Hong Kong SAR

Deutsche Bank has appointed Simon Roue to the new position of head of DCM for Asia Pacific.

China’s equity markets crashed spectacularly in the middle of the year after an impressive rally, before rebounding again in the last quarter. With the dust now settled, bankers reckon 2016 will be a bumpy but easier year to navigate. Rashmi Kumar reports.

GCL-Poly Energy Holdings and GCL New Energy Holdings are looking to raise a combined HK6bn ($774m) in separate rights issues as they seek to aid each other’s expansion plans.

Linzhou Jian Zong Construction & Engineering Co is planning to float in Hong Kong via Guotai Junan Capital as sole sponsor, having filed a listing application with the city’s bourse.

Nomura's head of southeast Asia debt capital markets is understood to be leaving the firm at the end of this month.

YiChang HEC ChangJiang Pharmaceutical Co has opened books for a float of HK$1.67bn ($215m), kicking off the process with a renowned pharma investor among the cornerstones.

YiChang HEC ChangJiang Pharmecutical Co has settled on a price range for its H-share float, with bookbuilding to kick off on December 14.

Airport Authority Hong Kong (AA) has tied up a HK$5bn ($645m) five year fundraising with a group of 21 banks that were undeterred by the sub-100bp pricing.

In this round-up, RMB futures trading on international exchanges picked up in November, RMB clearing in Hong Kong picked up in the same month, ICBC is working on a Belt and Road financing venture, and Deutsche Bank helped a German corporate set up centralised RMB treasury functions in China. Plus, a recap of GlobalRMB’s top stories this week.

China Overseas Finance Investment (Cayman) V raised $1.5bn from an extremely popular exchangeable bond on Wednesday, with the order book swelling to twice that amount.

CRCC High-Tech Equipment Corp has raised HK$2.8bn ($360m) from a Hong Kong IPO after pricing near the floor of its range.

American International Group raised HK$5.83bn ($752.26m) on Monday from an overnight share sale in PICC Property and Casualty Co, as it seized what may have been the last window for a large block trade this year.