Hong Kong SAR

Hong Kong Airlines is likely to shelve the renminbi portion of what was to be a landmark dual-currency IPO and go with just Hong Kong dollars for the $600m listing.

Kingboard Chemical Holdings is looking to increase the size of its loan to HK$6bn ($773m) from the launch size of HK$5bn, following robust demand from banks during general syndication.

Norton Rose Fulbright has boosted its Hong Kong team with a new hire, appointing Terence Lau as a corporate and equity capital markets partner.

Everbright Securities Co has mandated seven banks to work on what would be the company’s first outing to the international bond market.

Metro Retail shops around $123m float — Alkem Laboratories files $200m listing — CRCC High-Tech gets IPO on track

I know it can be exciting to boast about your business trips. But youngsters in the business really need to make sure they know who they are bragging to.

HSBC has slashed its forecast for volumes of offshore renminbi bonds and certificate of deposits for the year, as attractive costs of onshore funding steal the limelight from dim sum issuance.

HSBC has appointed Michael Bevan as its new head of financial sponsors group (FSG) for Asia Pacific, according to an internal memo seen by GlobalCapital Asia.

Technical preparations for the Shenzhen stock bridge are under way, but Chinese market turbulence may delay plans, said Hong Kong Exchange Group (HKEx) chief executive Charles Li at a press briefing on August 12. Meanwhile, HKEx saw record CNH futures volumes after the recent PBoC fixing reform, with Li noting markets now had real need of hedging RMB positions.

Julius Baer has appointed Jimmy Lee as its new head of Asia Pacific and a member of the Swiss private bank’s executive board.

Nomura has reshuffled its structured products business by promoting John Goff to the role of head of global markets structuring, according to an internal memo seen by GlobalCapital Asia.

Bank of Communications (BoCom) Financial Leasing is preparing for its first bond of the year, having mandated five banks to run the deal.