Northeast Asia

HSBC has taken two veteran bankers from rival firms to drive its combined strategic equity financing and equity-linked businesses in London and Hong Kong.

Deutsche Bank has hired a senior executive from a rival to lead its technology, media, and telecom investment banking efforts in Asia Pacific.

Hong Kong’s financial secretary has weighed in on the push for dual class shares in the city, saying it should be allowed if the right safeguards are in place.

BOC Aviation is looking to add to its September 2027s, a month after the aircraft leasing company sold the initial $500m deal.

The Export-Import Bank of Korea (Kexim) hit the offshore market yet again on Tuesday with a dual tranche dollar bond, a month after the South Korean issuer sold a Singapore dollar deal and a Formosa bond.

Bank of Jinzhou Co raised $1.496bn from its first additional tier one transaction on Friday, following the trend of other Chinese banks by selling a quick and dirty deal on the back of onshore investors.

The economic dialogue between Beijing and Washington could determine how far and fast China will allow foreign ownership to expand in its banking sector, according to Jing Ulrich, vice chairman of Asia Pacific at JP Morgan.

Hong Kong-listed 13 Holdings is planning a rights issue of up to HK$1.15bn ($147.8m) to help restart the development of its luxury Macau destination, The 13 Hotel.

Chinese state-owned power company China Huaneng Group opened the week with a senior perpetual bond following an Asian roadshow that took place last week.

Jianpu Technology has filed for a $200m listing of American Depositary Shares, tapping three bulge bracket banks as underwriters. Hong Kong-based iClick Interactive Asia Group, meanwhile, is eyeing $100m.

Tencent-backed China Literature has kicked off bookbuilding for a Hong Kong IPO that could raise up to HK$8.32bn ($1.07bn), according to a term sheet seen by GlobalCapital Asia.

The Shenzhen Stock Exchange (SZSE) wants Panda bond issuers to raise RMB funding in Shenzhen for Belt and Road projects, the governments of Guangdong, Hong Kong and Macau plan new scheme to allow greater use of renminbi in the region, and the Moscow branch of Industrial and Commercial Bank of China (ICBC) becomes an interbank FX lending member.