Hong Kong SAR

Diva Hon has joined Bank of Communications International as an executive director in the equity capital markets team, after spending more than nine years with Citic CLSA Securities.

French banks Natixis and BNP Paribas have rejigged their Asian loan syndication teams.

Romance for young, single investment bankers usually falls prey to their notorious working hours and stressful work.

Everbright Securities Co has started building books for what would be its debut outing in the dollar bond market. The Chinese brokerage firm secured a standby letter of credit (SBLC) from China Merchants Bank for the notes.

Last year's launch of the Shanghai-Hong Kong Stock Connect and the technical challenges that followed it highlight the need for continued harmonisation of market practices, according to Omgeo, a post-trade processing firm.

The idea of China using its own currency to buy and sell commodities on the global market attracts plenty of scepticism. But the Gold Connect that launched in Hong Kong last month and a new trading platform in the Shanghai free trade zone (FTZ) show that China is serious about its plans to make the RMB into a global commodity currency.

Hong Kong conglomerate Chinney Alliance is one step closer to spinning off its foundation piling business – Chinney Kin Wing Holdings – having filed a listing application to the Hong Kong Stock Exchange (HKEx) on August 18.

Diva Hon has joined Bank of Communications International as an executive director in the equity capital markets team, after spending more than nine years with Citic CLSA Securities.

After the uneasy calm that fell over equity markets following China’s devaluation of the renmimbi last week, investors got another rude shock on Tuesday when Shanghai stocks tumbled 6.2%, prompting bankers to mull over the possibility of pulled deals.

John Wade, the head of syndicate and MTNs, Asia Pacific at Natixis will also head loan distribution in the region for the bank from September.

Video surveillance solutions provider UNV Digital Technologies filed for a Hong Kong IPO on August 17 with listing tentatively scheduled for the next two to three months.

Hong Kong-listed Chong Hing Bank is bringing a rights issue to investors as it seeks to bolster its capital position. The lender plans to issue one rights share for every two existing shares, which will raise HK$3.71bn ($478.64m).