UBS

CSC Financial Co has priced Asia's last jumbo IPO of 2016, selling shares in its Hong Kong listing in the middle of expectations to raise HK$7.7bn ($992.5m).

China Minsheng Banking Corp is looking to sell its inaugural Basel III bank capital offering, having picked banks to prepare a dollar-denominated additional tier one (AT1) bond.

Asia ex-Japan debt capital markets had a quiet opening on Monday, with a sole Chinese local government financing vehicle (LGFV) out for dollar funding. On the same day, another two LGFVs announced mandates.

Ronshine China Holdings priced its inaugural offshore bond against a volatile market backdrop and concern around its sector. The borrower still managed to raise $175m from the offering thanks to the presence of anchor orders.

The busy equity block trade action in Europe since the US election has continued into its third week, though market participants are beginning to brace for the outcome of the Italian referendum on Sunday.

Glencore launched a cash tender offer on Thursday, hoping to buy back $1bn of dollar bonds, after raising $4.7bn from asset sales in the past few weeks.

Pressure mounted on Italian sovereign bonds and credit default swaps this week, as rumours of increased European Central Bank support were quickly dampened and traders positioned for a 'No' vote in this weekend’s referendum.

Malaysia’s sovereign wealth fund Khazanah Nasional has raised Rp5.5bn ($80.4m) after offloading its entire stake in India’s IDFC Bank.

Ronshine China Holdings started taking orders for its inaugural international bond on Thursday. The deal was announced with substantial anchor orders following the roadshow, said bankers.

Teddy Sagi, the entrepreneur, used a block trade on Tuesday night to offload shares in Playtech, the FTSE 250 gaming software business he started in 1999, for £329m.

Brazilian steel company Usiminas, which restructured its bank loans and domestic debt in September, has said it will attempt an exchange of its dollar 2018 bonds, which were not part of the restructuring.

Chinese selfie app maker Meitu has cracked open books for its potential HK$5.5bn ($710.4m) IPO, a deal notable for coming from the technology sector — a rarity in Hong Kong’s primary market.