Hong Kong SAR

Commerzbank has lost a senior member of its Asia DCM syndicate team, according to a source close to the move.

Shandong Weigao Orthopaedic Device Co is taking another stab at a Hong Kong listing, tweaking the list of sponsors leading its deal.

Hengtou Securities is braving turbulent markets by launching a HK$1.69bn ($218.07m) IPO in Hong Kong on Tuesday, even as sell-downs intensified in several of the city’s biggest brokers.

A paper published by the University of Hong Kong argues that the city’s IPO sponsors may not in fact be subject to civil and criminal liabilities on prospectuses. This is a departure from the position taken by the Securities and Futures Commission last year, writes Philippe Espinasse.

Recent volatility surrounding China’s A-share market has prompted Huishang Bank to ditch its Shanghai listing in favour of an H-share placement.

Mizuho has appointed a new head of debt syndicate for Asia Pacific, poaching him from rival Nomura.

I had the honour of gracing an awards night at one of Hong Kong’s best hotels last week, and my was it a treat.

Bank of America Merrill Lynch has hired Yang Xia from rival UBS for a new role, naming him head of Greater China equities. The appointment takes effect at the end of October.

Selecting and weighting stocks according to their management and governance quality has been an effective hedge against stock losses, especially in bear markets, writes William Cox of Management & Excellence, which created the methodology for the M&E BDO Asiamoney Hong Kong Sustainable Stars Index.

Asiamoney is pleased to present its choices for Asia’s Best Managed Companies 2015. The winners were the firms that impressed us the most through a combination of factors including innovation, financial performance and strategic execution, and after also surveying the views of regional analysts and investors. Our congratulations to all those chosen.

Three shareholders in HKBN have exited from the Hong Kong-listed telecommunications company, raising a collective HK$614.2 ($79.3m), in what is the first accelerated block in the stock since its IPO in March.

Frédéric Lainé has left RBC Capital Markets after four years with the bank. The fixed income veteran is understood to be leaving the banking industry.