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Yong Rong Global Excellence Fund managed to navigate choppy market conditions in Asia’s equity capital markets to exit Bloomage Biotechnology in a HK$231.5m ($30m) block on Monday evening, wooing investors eager to take a position in the company at discounted levels.

No sooner had the first tentative signs appeared of an agreement over Greece's debt crisis than the Asia ex-Japan primary debt capital markets finally woke up to some action from a trio of deals.

China Construction Bank (CCB) Financial Leasing Corp has hired eight banks to prepare for its outing to the dollar bond market as early as next week. Meanwhile, Weichai Power is gearing up for its maiden offshore bond, which will be in either US dollars or euros.

Rustavi Azot, the only manufacturer of nitrogen fertilisers in the South Caucasus region, has mandated Citi and Galt & Taggart to arrange a $180m five year non-call three bond. The bond will be the first from a privately owned company in the Caucasus region.

India has told banks vying for divestment mandates in 10 of its state-owned firms to attend a meeting on July 16 in New Delhi, as the government moves forward with plans to raise about $3bn from the selldowns.

Instability in the market has scuppered SMI Holdings Group’s plans to raise HK$1.09bn ($141m) via a placement, with the Hong Kong-listed company pulling the deal.

China Huarong International, which recently sent out invitations for a debut $100m three year offshore syndicated loan, has put the financing on hold as it irons out some details related to documentation.

French financial institutions and corporates have been quick to jump at the funding opportunity offered by the offshore RMB bond market. Despite the line-up of success stories, however, French asset managers feel the market has some way to go before it comes of age.

CVC stepped into the market on Monday evening after a strong day for European stocks to sell another chunk of Evonik Industries, the German chemicals company it floated in 2013.

Bluefield Partners, the UK solar energy investment firm, launched on Monday the bookbuild for the IPO of a new fund, despite the failure of two solar power IPOs in the past three months. The sale will run until July 30.

Aroundtown Property Holdings, the German-focused property company, raised €320m on Monday with a capital increase conducted as an intraday accelerated bookbuild, that was really its IPO.

Europe may be heading towards breaking its long run of record years for high yield bond issuance.