Northeast Asia

Equity investment group China Jianyin Investment (JIC) is readying an international bond offering, mandating banks ahead of investor meetings.

China’s Jianpu Technology has launched bookbuilding for its IPO on the New York Stock Exchange, which could raise $236.3m.

Yixin Group looks set to be another bumper Hong Kong IPO, with the HK$6.8bn ($867.2m) deal ending its first day of bookbuilding multiple times covered across the marketing range.

ING Bank has named Arthur Zou the branch manager in Shanghai, in line with the firm’s efforts to expand its presence in China.

Far East Consortium International (FEC) is returning to the dollar bond market, dishing out a new 5.5 year transaction on Monday.

China’s Avic International Leasing Co is chasing its first international dollar bond, opening books for the transaction on Monday.

The People’s Bank of China governor issues warning on growing debt level, Hong Kong and Shenzhen launch Connect link for gold contracts, and the China Securities Regulatory Commission (CSRC) and the Monetary Authority of Singapore (MAS) agree to help Chinese companies list in Singapore.

In this week's Clawback, columnist Philippe Espinasse writes about how Hong Kong’s ambitious plans to woo international companies to its stock exchange are facing a big setback.

Guotai Junan International Holdings launched a 364-day dollar bond on Monday, the issuer’s first public offshore debt offering in more than three years.

China's embattled HNA Group Co returned to the bond market with a $300m deal on Thursday. But the company was forced to stomach a sharp increase in its funding costs.

Chinese property giant China Vanke Co has priced a 10 year deal around fair value, taking $1bn out of the market. The company made the most of a strong name recognition and some rarity value, making just its third issue in the offshore bond market.

The Ministry of Commerce (MofCom) completes the first draft of foreign investment law, regulators give BEA Union Investment Management the go-ahead to launch a wholly foreign owned enterprise (WFOE) in Shenzhen, and Renmin University’s vice president claims the renminbi will be fully convertible within five years.