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It has only been underway for one year, but the Chinese auto ABS market has already raced ahead with volumes surging. A new deal from SAIC-GMAC Automotive Finance has now appeared with the company looking to securitize Rmb3bn ($469m) worth of auto loans next month.

Frankfurt-listed Snowbird, a Chinese down manufacturer, has cancelled plans to seek a secondary listing in Singapore, amid a wave of panic selling that has gripped stock markets this week.

The turbulence in China’s equity and currency markets has led to some doubts about the continuing internationalisation of the renminbi. But China’s regulators are not having second thoughts and have released new guidance supporting the “One Belt One Road” (OBOR) scheme.

Individual initiatives by China in the commodity space, such as the July launches in Shanghai of a Gold Connect scheme and a new oil and natural gas exchange, may be gaining little traction right off the bat, but they are pieces in a broader strategy devised by the world's largest consumer of commodities. An upcoming oil futures contract, in particular, could see that plan make a leap forward.

China's Yingde Gases Group is tapping the offshore syndicated loan market for a $150m deal. The firm, which earns revenues in renminbi and serves customers in the iron and steel industry, is offering lenders generous returns.

Korea Development Bank (KDB) is eyeing the dollar bond market for the second time this year, and has sent out a request for proposals to banks.

Even the strongest companies are not safe. When Mexican state oil company Pemex — alongside the Mexican sovereign — was awarded an A3 rating in 2014 the talk in the market was of the country’s energy reform helping it to bridge the gap between emerging and developed markets.

Short CNY swaps have been aggressively offered on the back of the PBoC's monetary easing move and the 1s/5s curve has steepened accordingly. Despite this equities have not rebounded and there has been receiving interest in 5-year swaps on the weak longer-term economic outlook, writes Deirdre Yeung of Total Derivatives.

Latin American trade bank Bladex has raised a $175m loan from lenders in Asia, increasing the borrowing from an initial size of $103m on popular demand.

Mediclinic, the South African healthcare group, achieved strong pick up on its R10bn ($770m) rights issue to fund its takeover of Cinven’s remaining stake in London-listed Spire Healthcare.

Finland priced a €3bn 10 year deal a day after global markets were rocked by a big sell-off in Chinese equities. But the investor response to the deal had some bankers saying the issuer should have waited.

Two rare issuers announced plans to issue euro debt on Tuesday, with Swisscom mandating for its third ever deal and Pentair hiring banks for a possible debut in the currency.