ICBC

Fosun Tourism Group, a subsidiary of Chinese conglomerate Fosun International, has raked in HK$3.34bn after sealing its IPO at the bottom of the indicative range.

Investor demand for more new issue premium forced China’s Citic Securities Co to price a smaller-than-expected $300m bond on Monday.

Luzhou City Commercial Bank and Ever Sunshine Lifestyle Services Group kicked off bookbuilding for their respective IPOs as they aim to cross the finish line before the end of the year.

Red chip issuer China Gas Holdings plans to raise up to Rmb1.3bn ($189m) from a new Panda bond this month before its issuance programme expires.

ICBC International Holdings, a wholly-owned Hong Kong subsidiary of Industrial and Commercial Bank of China, is about to close a dual-tranche borrowing of between $100m and $200m.

Fosun Tourism Group, a subsidiary of Chinese conglomerate Fosun International, is being spun-off and has started bookbuilding for its HK$4.28bn ($547.19m) Hong Kong IPO.

Sunac China Holdings ventured into the market on Thursday for a tap of its existing 2020 bond. The Chinese borrower found such a huge response that it was able to raise more money than planned.

Wuhan Metro Group Co’s debut green bond on Wednesday was a landmark for China’s local government financing vehicles (LGFVs), as the company pulled off a $400m perpetual transaction.

German carmaker and Panda regular Daimler issued a Rmb4bn ($576m) two tranche private placement this week, ending its Panda issuance for 2018. The issuer kept its focus on a shorter-dated tranche, which made up the bulk of the offer.

Mercuria Energy Group bagged a bigger-than-expected $1.35bn from its latest annual revolver in Asia, after 36 banks joined the deal.

On Monday, French supermarkets group Carrefour made its second visit to the corporate bond market of 2018, once again in the wake of a period of volatility. However, the company’s timing proved to be good as it was able to tighten pricing 15bp from initial price thoughts.

Online travel agent Tongcheng-Elong Holdings has raised HK$1.41bn ($180m) from its Hong Kong IPO. The leads on the deal had to spend time convincing a number of anchor investors to stay in the transaction given the state of the market.