JP Morgan

Chinese electric vehicle maker Yadea Group Holdings has raised HK$1.29bn ($166.2m) from its IPO in Hong Kong after pricing the deal at the bottom of guidance.

JP Morgan’s head of Malaysia investment banking Didi Yahya has left the firm, according to sources close to the move.

Today was a weakish day for stocks, with the Euro Stoxx 50 down 0.5%, but that has not stopped Bain Capital executing its first block trade of shares in Bravida, the Swedish heating, plumbing and electrical contracting company that floated in October. The trade is covered.

World Bank roared into the dollar market on Tuesday with the largest five year benchmark in the currency in over a year, as KfW and Bank Nederlandse Gemeenten hit screens with short dated mandates.

Export Development Canada is to print a long four year sterling bond as demand for paper in the currency defied fears of a possible UK's exit from the European Union.

Mexican hotel operator Grupo Posadas reopened its dollar bonds due 2022 for a further $50m on Monday in a drive-by trade that will be used mainly to refinance the $38m left under its outstanding 2017s.

Qatar has mandated banks for a dollar senior unsecured bond, which bankers away from the note are expecting to be as large as $5bn in total.

China Three Gorges Corp (CTG) is mulling a return to the dollar bond market and will be meeting investors to gauge demand starting Wednesday.

Maisons du Monde, the French furniture retailer, launched its IPO bookbuild on Monday, with UK, Dutch and South African companies as the main comparable stocks. On Thursday, the leads said the deal was covered.

The IPO of Philips Lighting, though smaller than some bankers had expected, has got off to a good start, achieving coverage on Tuesday night, after the bookbuild began on Monday.

Redes Énergeticas Nacionais, the Portuguese electricity and gas transmission grid operator, said on Monday that it will issue new bonds after completing a tender of outstanding notes.

The World Bank is set to print a five year dollar benchmark, as bankers expect issuers to focus on the short end this week.