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  • The Shanghai Stock Exchange (SSE) has published guidelines for IPOs on its new technology board, providing a detailed timeline for the process and the eventual listing of the shares.
  • In this round-up, the CBIRC head condemns US trade policy, China's premier Li Keqiang says country is open for business, the HKMA announces enhanced currency conversion arrangement under stock connect, and FTSE Russell officially includes China A-shares.
  • Nasdaq-listed 360 Finance has kicked off an up to $122.5m follow-on offering of new and existing American Depository Shares (ADS).
  • Cielo, the largest merchant acquiring and payment processing company in Brazil, on Friday wrapped up a consent solicitation and bond buy-back for its global 2022s that will effectively split the note in two.
  • Cromwell European Real Estate Investment Trust has raised €150m from a share placement that was oversubscribed, allowing the issuer to exercise an increase option.
  • Veteran loans banker Phil Lipton is leaving HSBC after 15 years.
  • FIG
    Three Nordic banks and one British bank placed paper in Swedish krona this week. NatWest Markets made its debut in the currency, while Scandinavian-based Avida Finans printed its first AT1. Avida Finans plans to follow this debut AT1 with a future stock exchange listing.
  • FIG
    Barclays returned to the Australian dollar market this week for its second Kangaroo, placing a triple tranche trade that was four times covered. The demand for Kangaroo paper could see more issuers follow Barclays, according to one DCM banker.
  • IPO volume in London is up year-to-date despite the political uncertainty hanging over the market, driven by cross-border issuance and issuers using the delay in the UK’s departure from the European Union to do deals.
  • This week's funding scorecard looks at the progress European sovereigns have made in their funding programmes so far this year.
  • The calculation agent for a catastrophe bond issued by Peru and the World Bank has determined that the South American country will receive $60m from the notes after an earthquake struck last month, according to a source close to the deal.
  • Shares in Trainline, the UK transport booking website, surged in the aftermarket on Friday after the company priced its £950m IPO near the top of its price range, having attracted stock orders from around 270 investors, according to a source close to the transaction.