Northeast Asia

Investors had the opportunity to buy an additional tier one offering from a Chinese city commercial bank for the first time last week, with Huishang Bank Corp selling its debut dollar-denominated bond.

Foreign appetite for onshore Chinese bonds is strong with investors planning to increase their allocation, according to a new survey. But with a number of impediments still to be fixed any inflows are likely to be limited.

A HK$2.8bn ($361m) loan to back private equity firm Permira's leveraged buyout of Hong Kong-based Tricor Holdings has been launched into general syndication.

Local government financing vehicle (LGFV) Gansu Provincial Highway Aviation Tourism Investment Group Co became the first and only issuer in Asia ex-Japan to launch a G3 bond this week.

CMB Financial Leasing Co has picked banks and is starting a roadshow this week for its debut international bond, in a sign that it's business as usual in Asia.

Hong Kong’s market regulator has warned that it may broaden its investigations into IPO sponsors, as it looks to act on other cases that have been brought to its attention.

In a rollercoaster day for markets, the renminbi had a rocky start before gaining ground against the dollar as news on the US elections unfolded. But volatility is likely to continue in the coming days as markets get to grips with Donald Trump’s victory.

Credit Suisse has made a new hire in its Chinese securities joint venture, naming Steven Zhang as head of sales trading to oversee its onshore brokerage operations.

Chinese property company Zhongshan Dasin Holdings is raising funds worth $419m in two currencies and multiple tenors.

Shanghai Dazhong Public Utilities Co and VPower Group International Holdings seem unfazed by any market mayhem that may follow the US presidential election, as both prepare to launch $300m Hong Kong IPOs on Thursday this week.

The Shenzhen-Hong Kong Stock Connect is set to go live by the end of the month with the Shenzhen Stock Exchange (SZE) announcing on Monday that all southbound participants need to be ready by November 20.

Kasikorn Asset Management broke new ground last month when it became the first Thai entity to attain a renminbi qualified institutional investor (RQFII) licence. In an exclusive interview with GlobalRMB the CIO of KAsset, Navin Intharasombat, said this is more than just a symbolic move as it is also the first opportunity for Thai-domiciled funds to invest in China directly.