Northeast Asia
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Bank of China Hong Kong became the latest bank to join a rush of floating rate issuance on Monday, closing a dual-tranche deal.
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Huarong Investment Stock Corp has increased the size of its dual-currency syndicated loan to HK$3.6bn ($462m) from HK$3bn.
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Mainland firm Hebei Construction Group is vying for approval to list in Hong Kong, filing a draft prospectus with the city’s exchange.
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The further liberalisation of access to the China's bond market as a result of Bond Connect makes inclusion of onshore renminbi bonds in the world’s major bond indices more likely, with potential inflows in the billions of dollars, according to market analysts.
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State-owned enterprise Qinghai Provincial Investment Group Co is making a rapid return to the international debt market, launching a new dollar bond on Tuesday about four months after its debut.
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A $300m three year fundraising for pharmaceutical company China Medical System Holdings has entered general syndication with three banks at the helm.
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China’s ZhongAn Online Property and Casualty Insurance Co has taken a formal step towards listing in Hong Kong, filing a draft prospectus for an IPO that could raise at least $1bn, according to bankers familiar with the matter.
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Standard Chartered’s head of capital markets for Greater China and north Asia has retired from the bank, according to multiple sources.
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Guangdong Hengjian Investment Holding is marketing its debut dollar bond while Bank of China's Hong Kong branch is taking bids for a dual tranche floating rate transaction.
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Investors accessing China’s interbank bond market (CIBM) using CIBM Direct will not be barred from using Bond Connect, the deputy governor of People’s Bank of China (PBoC), Pan Gongsheng, said at the Bond Connect launch ceremony on July 3.
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The Bank of East Asia has received approval from the China Securities Regulatory Commission to establish a joint venture securities company in Shenzhen.
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International banks were up and running on the new Bond Connect scheme minutes after it opened for business at 9am on Monday. But analysts think it is unlikely the bond link will start with a bang.