Northeast Asia

Chinese provincial lender Bank of Guizhou kicked off bookbuilding for its Hong Kong IPO on Monday, seeking HK$5.7bn ($736.8m) from the deal.

Powerlong Commercial Management Holdings launched the roadshow for its HK$1.5bn ($193m) IPO on Monday. The property management company is being spun off by Powerlong Real Estate Holdings.

French water and waste management and energy services company, Veolia Environnement, bagged Rmb1.5bn ($215m) from a private placement Panda bond issuance last Friday.

In this round-up, the US and China set terms for the phase one trade deal, Chinese industrial production grew more than expected and the People’s Bank of China will sell Rmb10bn ($1.43bn) of bills in Hong Kong this week.

Singapore’s CapitaLand Commercial Trust dove into the yen market this month to sell its inaugural green bond.

Excellence Commercial Properties Co netted $100m from an offshore bond sale last Friday.

In this round-up, US president Donald Trump reportedly signed the phase one trade deal on Thursday, China concluded the Central Economic Work Conference and the Mainland government is set to turn Macau into a financial hub with new policies.

Asian leveraged finance bankers are having a busy year-end, with Chinese companies coming to the loan market for funds to support their acquisitions.

In this round-up, surging pork price drove China’s consumer price index (CPI) up again, new loans growth beats market expectation and the Mainland has revealed plans to shake up the country’s natural gas market.

Ping An Group subsidiary OneConnect Financial Technology has raised $312m from a listing of American Depository Shares (ADS) after trimming and then increasing its IPO.

Chinese property developer Hydoo International Holding has priced new notes as part of an exchange offer, issuing $193.5m of two year bonds that include around $82m of new money.

Chinese residential developer Zensun Group bagged $120m from a tap of its debut bond on Thursday, launching the deal on the back of plenty of anchor support.