UBS

Luye Pharma Group opened books for its HK$5.9bn ($764m) Hong Kong IPO on June 23 as the leads look to take advantage of the company’s strong credentials in the healthcare sector.

Chinese online board and card game developer Ourgame International Holdings priced its HK$833m ($107m) IPO in the mid-point of its indicative price range on June 24, according to bankers on the deal.

Beijing Digital Telecom opened books for its HK$1.183bn ($153m) Hong Kong IPO on Wednesday June 25, with some anchor orders coming in on the first day. With some 40% of the deal already taken on by reputed cornerstone investors, the issuer is riding on the positive sentiment surrounding the company with its deal.

Indonesian real estate developer Pakuwon Jati opened the books for its dollar return on Wednesday, offering investors a five year non call three bond. It is the issuer’s first deal in international markets since 2006.

Tian Ge Interactive Holdings, China’s largest live social video platform in terms of total user spending, opened books for its HK$1.61bn ($208m) IPO on June 23, pricing the deal at a discount to its closest comparable.

Korea Gas Corp (KoGas) priced its third dollar deal of the year on Monday, with the issuer attracting a wave of interest despite choosing an unconventional 12 year tenor. The new bond priced well inside the borrower's curve.

Beijing Urban Construction Design & Development Group opened books for its HK$1.11bn ($144m) IPO on Tuesday, June 24 — in a deal that will present a challenge to investors due to a lack of true comparables to the railway construction company.

Luye Pharma Group opened books for its HK$5.9bn ($764m) Hong Kong initial public offering on Monday, June 23, with a price range that is at a premium to comparables, as the leads look to take advantage of the company’s strong credentials in the healthcare sector.

Korea Gas Corp (KoGas) is in the market with its third dollar trade of the year. The borrower opened books for a 12 year bond on Monday.

China Construction Bank (CCB) Asia printed the first ever dim sum bond to be issued in Switzerland on Thursday, selling a Rmb1.25bn ($203m) three year print. The deal highlights the renminbi’s growing presence in Europe.

Rating: Caa3/B/B-

Société Generale continued the rush to boost capital by tapping the 144A market with an additional tier one deal.