Northeast Asia

Equity fundraising activity in Asia should not be dampened by any impact from the US mid-term elections, market observers said this week. However, issuers are set to stay on the sidelines while they await more clarity.

Hong Kong-listed Man Wah Holdings and China Water Affairs Group are seeking offshore loans of $100m and $200m respectively.

Shenzhen International Holdings is set to issue its second Panda bond, seeking an ambitious Rmb4.7bn ($678m). Regular issuer GLP is also planning a comeback.

New York-listed aircraft leasing company Aircastle, owned by Japan's Marubeni Corp, has returned to the loan market for a $250m revolving credit facility.

I’ll admit I often took pleasure in firing an underling back in my day, feeling a perverse sense of satisfaction in asserting my authority and punishing wrongdoers.

South Korea’s financial regulator is planning a series of capital market reforms to loosen its grip on the IPO process, giving a much-needed boost to small and medium-sized companies looking to raise equity. Jonathan Breen reports.

Hong Kong Exchanges and Clearing (HKEX) has partnered with Digital Asset to develop a post-trade settlement and allocation system based on blockchain technology. It will cover northbound trading on Stock Connect.

Zhejiang Geely Holding Group Co raised $250m from an opportunistic deal on Wednesday, marking the first time the Geely parent company has sold a dollar bond.

The People's Bank of China's Rmb20bn ($2.9bn) debut bill auction in Hong Kong showed investors are increasing their yield demands in the offshore renminbi market.

Chinese local government financing vehicle Chengdu Hi-Tech Investment Group Co and real state company Jiayuan International Group both relied on anchor interests for their dollar bonds on Tuesday.

Wendy Liu has joined UBS’s research arm as managing director and head of China strategy, according to a memo seen by GlobalCapital Asia.

Goldman Sachs has restructured its capital markets teams in Asia, naming new co-heads for the equity and credit businesses.