Northeast Asia

A leading Chinese think tank recommends regulators loosen control over the renminbi’s’ exchange rate, the China Securities Regulatory Commission (CSRC) calls for the opening up of the domestic agricultural commodity futures market, and China International Payment System (CIPS) adds four indirect participants.

Nan Fung International Holdings began marketing a new dollar bullet on Monday morning, the property developer’s second international bond this year.

Cromwell European Real Estate Investment Trust has cancelled its potential €738.8m listing on the Singapore Exchange due to market conditions, after first trying to get past the finish line with a smaller offering.

The Hong Kong Stock Exchange (HKEX) plans to bar issuers from carrying out heavily dilutive equity raisings, as it seeks feedback on a raft of proposals aimed at tightening governance of listed companies.

Postal Savings Bank of China Co’s $7.25bn Basel III additional tier one bond from Thursday was one for the books, breaking numerous records with its size and price, while navigating around a downgrade of the sovereign.

China’s Nan Hai Corp has mandated two firms to work on a dollar-denominated deal, its third outing of the year but its first without a standby letter of credit (SBLC).

China’s downgrade by S&P caused an initial wave of surprise in the market on Thursday, but the rating change will ultimately be a non-event, despite the sovereign plotting a return to dollar bonds shortly.

European regulators are nearing a move to allow Ucits to invest in China through Bond Connect.

ZhongAn Online P&C Insurance Co has raised HK$11.9bn ($1.5bn) after pricing its hugely popular Hong Kong IPO at the top of guidance, according to a banker on the deal.

Rating agency S&P downgraded China's long-term sovereign rating from AA- to A+ on Thursday, stating the high levels of credit growth pose growing risks to the economy. In this lowdown, we touch on some of the key issues raised by S&P and the market reactions to the decision.

Two Chinese firms have received the National Development and Reform Commission’s approval to tap the offshore loan market for funding.

Chinese online retailer of luxury goods Secoo Holding priced its $110.5m listing of American Depository Shares on Thursday, finding favour among investors thanks to an attractive discount.