Northeast Asia

Zhuhai Huafa Group Co on Thursday morning opened books for its debut dollar-denominated offering. Howver, the company is no stranger to offshore markets as it has previously sold a dim sum bond.

The Japanese bank has named former Standard Chartered senior banker Pramod Shenoi to the newly created role of head of DCM, FIG for Asia ex-Japan.

In the third and final part of our outlook on RMB internationalisation, industry experts address how the recent capital controls affect the diversification drive by Chinese investors, and how infrastructure upgrades, such as the prospect of 24-hour trading capabilities, could provide a much-needed to boost the RMB's global role.

Donald Trump could end up being China’s best friend following his comments this week that the dollar is too strong. If the US president elect decides to engineer a weaker dollar, it would help solve China’s most imminent issue — capital outflows.

Despite the PBoC having injected a record amount of funds into China's financial system this week, liquidity concerns are rising ahead of the Chinese New Year break. The fixings pushed higher and shorter NDIRS were well bid on Wednesday morning. Looking forward though sources see limited scope for further upside, writes Deirdre Yeung of Total Derivatives.

China Development Bank priced a mammoth five tranche deal Tuesday, raising more than $4bn across three dollar and two euro tranches, making it the first Chinese name to issue a euro deal this year.

Standard Chartered has made a series of changes to its business in north Asia, including appointing a new chief executive in Hong Kong.

The South Korean government is planning to list state-owned energy company Korea East-West Power Co in 2017 with an IPO potentially worth around W1tr ($857.4m).

Hong Kong-based insurer FWD priced a $250m subordinated, perpetual dollar denominated note on Tuesday off the back of a $6.75bn order book, making the deal around 26 times covered.

Nanya Technology Corp got the convertible bond market in Asia off to a fabulous start this week, with demand far exceeding supply on its $500m return to equity-linked.

The head of debt syndicate for Asia Pacific at Natixis is understood to have resigned from the bank.

Hong Kong’s market watchdog has named Standard Chartered and UBS as defendants in a suit over the botched 2009 IPO of China Forestry Holdings Co.