Northeast Asia

China Logistics Property Holdings Co (CNLP) grabbed $100m on Friday from its second tap of a bond sold earlier this year.

South Korea's Kakao Corp is seeking up to $1bn in a Global Depositary Receipts (GDR) offering slated for early next year, in possibly its biggest fundraising ever.

Three Asian issuers, China Fortune Land Development Co, Luso International Banking and Shandong Hi-Speed Group Co, sold their inaugural bonds on Thursday, taking home $1.15bn between them.

Mainland property developer Sunac China Holdings has raised HK$7.8bn ($1bn) from an upsized overnight top-up placement.

British and Chinese officials consider launching a bond link between the two countries, Hong Kong and National Development and Reform Commission (NDRC) sign agreement to promote the city’s participation in the Belt and Road Initiative (BRI), and Man Group sets up the first fund under its private fund management (PFM) licence.

Shareholders have piled into China Power International Development’s HK$4.5bn ($573m) rights issue, putting in orders for double the amount of available stock.

China Logistics Property Holdings Co (CNLP) is tapping its outstanding three year Reg S bond for a second time, aiming to raise another $100m on Friday.

Chinese local government financing vehicles Huzhou City Investment Development Group Co and Urumqi Gaoxin Investment and Development Group Co brought home a combined $500m on Wednesday as issuers seal last-minute deals before the end of the year.

China New Higher Education Group has become the latest of a string of companies from the education sector to access the offshore loan market for funds. While Chinese education firms have mostly been well received by banks, market observers cautioned against drawing broad-brush conclusions. Reputable schools with scale will still be a top pick for lenders, while their lesser-known peers may find frostier conditions. Shruti Chaturvedi reports.

Asian bond volumes soared this year, breaking records with $350bn of issuance. Can 2018 possibly be any better? Addison Gong attempts to find out.

Back in my day, senior bankers knew the ins and outs of every trade that came across their desks. But it’s a whole different world now for those still in the industry.

Guirenniao Co was forced to pull its dollar bond on Tuesday as a result of unfavourable market conditions, as thinning liquidity in Asia at the year end took a toll on the issuer.