JP Morgan

China’s ZhongAn Online Property and Casualty Insurance Co has taken a formal step towards listing in Hong Kong, filing a draft prospectus for an IPO that could raise at least $1bn, according to bankers familiar with the matter.

Guangdong Hengjian Investment Holding is marketing its debut dollar bond while Bank of China's Hong Kong branch is taking bids for a dual tranche floating rate transaction.

Chinese commercial lender Zhongyuan Bank has opened the books on its HK$8.34bn ($1.1bn) IPO after securing commitments from three cornerstone investors for about half the deal.

All of the 34 banks taking this year’s Federal Reserve stress tests passed for the first time in the test’s history. For the European-owned firms, that reflects concerted efforts to improve their qualitative processes, while for the major US firms, the result has set off a bonanza of capital returns.

Italian debt servicing firm DoBank started bookbuilding on Friday for an IPO of up to €292m in Milan, as an expected increase in troubled loans spurs investor interest in the sector.

Dollar borrowers wrapped up their funding projects before the July 4 holiday weekend and dodged a global sell-off as central bankers pointed to the end of monetary stimulus.

Daimler had the new issue corporate bond space to itself on Monday, but the deal it achieved was still a spectacular result for many reasons. Pushing out to new, longer maturities for the volume of bonds sold was an excellent outcome for one of the more frequent corporate issuers, and could support a more permanent long dated market in euros, writes Nigel Owen.

Covered bonds should help improve asset-liability matching for Andorra Banc Agricol Reig (Andbank), said its director of its financial institutions group, Paco Collell.

Lotte Chemical Titan Holding, the Malaysian arm of South Korean conglomerate Lotte Group, has finished bookbuilding for the largest Malaysian IPO since Astro Malaysia Holdings' listing in October 2012.

Naspers returned to the eurobond market after a two year absence on Thursday, releasing initial price thoughts for a new dollar benchmark.

Polish utility company Tauron Polska Energia moved pricing 17bp on Wednesday to raise €500m with a 10 year note, despite a large sell-off in Bunds on Tuesday.

FIT Hon Teng opened books this week for its potential HK$3.0bn ($384.3m) IPO and found investors scrambling to get in.