South Korea

South Korea’s Shinhan Bank is gauging investor interest for a dollar tier two subordinated bond, its second since it debuted in the bank capital market in March.

Chinese local government financing vehicle Jiangsu Hanrui Investment Holdings opened a tap of its existing notes on Friday morning off the back of reverse anchor interest, keeping momentum going in the Asia DCM market post the US election.

Doosan Bobcat got its listing across the line at the second attempt, as cheaper valuations and a willingness to accede to investors helped raise W900bn ($788.0m).

Doosan Bobcat has wrapped up its second attempt at an IPO, closing a W900bn ($788.0m) deal after seeing a strong turnout from institutional investors.

SillaJen Biotherapeutics is planning to go public with an eye to raise W205bn ($179.4m), according to a termsheet seen by GlobalCapital Asia.

South Korea is in the midst of a serious political scandal that could threaten the president, but it seems to have had little impact on the IPOs of Clio Cosmetics Co and Doosan Bobcat.

South Korea’s Clio Cosmetics Co has raised W184.5bn ($161.9m) from a successful IPO, pulling off the deal even as controversy around the country’s president shakes market confidence, causing some local investors to stay away.

Japan’s Nippon Steel & Sumitomo Metal Corp has raised W177bn ($154.6m) from the sale of some of its shares in Posco — the third sell-down of its stake in the South Korean steelmaker this year.

Samsung BioLogics Co has priced its IPO at the top on the back of a surge in chunky orders, raising W2.25tr ($2.0bn) in South Korea's largest float since 2010.

South Korea’s KCC Corp is planning an up to W800bn ($706m) bond exchangeable into shares of Samsung C&T Corp, according to sources close to the matter.

South Korea's Hotel Lotte Co is planning to return to equity capital markets in the near future with another IPO attempt, chairman Shin Dong-bin said in a press briefing on Tuesday.

New Silkroad Culturaltainment plans to raise HK$1.5bn ($193.3m) from a proposed open offer of shares, according to a filing with the Hong Kong Stock Exchange.