Hong Kong SAR

Swire Pacific found success with its $500m bond, making a comeback to the debt market after a gap of nearly two years. The scarcity element of Hong Kong names and the high calibre of the issuer helped drum up robust demand, allowing the company to price its notes with very little new issue premium.

Indonesia's Mitra Pinasthika Mustika Finance has tasted success with its maiden outing in the offshore syndicated loan market, increasing its deal to $150m and establishing relationships with lenders across Asia.

HSBC has named a new Hong Kong CEO, a position that has been vacant since the departure of Anita Fung earlier this year.

The Ontario Teachers’ Pension Plan (Teachers’) has appointed Nicole Musicco to helm its Hong Kong operations in a newly created position. The move demonstrates the growing importance of the Asia Pacific region for the fund, which invests across asset classes.

Goldman Sachs has lost a senior coverage banker following the resignation of the managing director of its China Industrials Group (CIG).

Hong Kong conglomerate Swire Pacific is looking to find long-dated appetite with a new 10 year bond in US dollars.

South Korea's Hotel Lotte has appointed one domestic and two global banks to manage its 2016 IPO.

Bank of America Merrill Lynch has made three senior hires in its Asia Pacific research unit, according to a memo seen by GlobalCapital Asia. All of them will be based in Hong Kong.

One of China’s largest private conglomerates, Fosun International, is continuing its reliance on equity capital markets to help fund the expansion of its insurance business. The company has announced a HK$11.7bn ($1.5bn) rights issue, which is poised to hit the market next month.

In this round-up, Chinese premier Li Keqiang said RMB internationalisation to continue, South Korea's RMB deposits halving in a few months, HKMA revamps its RMB liquidity facility, Singapore Exchange and Moscow Exchange see surging RMB trade volumes, Shanghai Gold Exchange expands its list of assets that can be used as collateral for trading to A-shares and foreign currencies, and Deutsche Bank joins OTC Clear as a clearing member.

Hong Kong-based UMP Healthcare Holdings is seeking an IPO in the city, with the firm lodging a listing application with the stock exchange via sole sponsor JP Morgan.

HKEx boss Charles Li hinted on Monday that the recent equity turbulence and surprise currency devaluation meant conditions were not ripe to expand the Stock Connect programme to include Shenzhen. He is wrong and to delay would be a terrible idea.