Northeast Asia

Groupe BPCE has become the first European issuer to use an electronic order book in the Samurai market, making it easier for the bank to execute its deal while not putting off investors, according to those on the deal.

Fosun International raised $700m from two bonds on Monday, tapping an outstanding three year sold at the end of 2017 while extending its maturity profile with a new five non call three year. The deal came a week after Moody’s raised the issuer’s corporate family rating by one notch.

Morgan Stanley Formosa Holdings pulled off a NT$5.8bn ($199.3m) block trade in CTBC Financial Holdings on Monday — Taiwan’s largest accelerated share sale in four years, according to a source close to the deal.

Shenzhen Sunway Communications has reached out to lenders for an up to $250m borrowing, marking its debut in the overseas loan market.

A-Living Services Co plans to raise around HK$4.7bn ($605m) in a Hong Kong IPO, on the back of strong indications of interest from investors.

Korea Southern Power Co (Kospo) has priced the first public dollar bond from South Korea amid a US government shutdown. But the 144A deal saw little fallout from that. Easing tensions on the Korean peninsula, the quality of its credit and demand for short-dated paper ensured investor interest.

China Houze Group, a non-bank financial company, has embarked on its maiden offshore loan syndication with the help of International Finance Corp.

Citi has lost a veteran banker who was in charge of the south Asia equity capital markets business, according to sources close to the move.

Theme park operator Carnival Group International Holdings has raised HK$781m ($100m) after selling a chunk of primary stock, according to a filing with the Hong Kong Stock Exchange.

Dalian Wanda Group has mandated banks to start work on a possible IPO of its sports assets, said sources close to the matter.

Chinese state-owned Shandong Gold Mining is planning an IPO in Hong Kong, after filing a draft prospectus with the city’s bourse on Monday.

Taiwan Futures Exchange (TAIFEX) on Monday released two new foreign exchange futures to cater to small and medium-sized enterprises, as the exchange pivots towards FX derivatives.