United States

Hyundai Capital America has priced a $800m three year bond alongside a $700m seven year, raising more than expected from its latest outing.

Chinese firms Lizhi and Phoenix Tree Holdings are each planning US IPOs of up to $100m, according to listing documents filed with the SEC.

Bitcoin mining hardware maker Canaan has ditched a listing in Hong Kong SAR in favour of the US, filing for an up to $400m IPO of American Depository Shares (ADS) on Nasdaq.

Verizon Communications, the US telecoms group, is preparing to return to the Kangaroo bond market with a multi-tranche deal, offering maturities up to 20 years — far longer than its longest outstanding 10 year tranche.

NetEase-backed Chinese education platform Youdao fell by more than 25% on its debut on the New York Stock Exchange last Friday, after pricing its listing and concurrent private placement in the top half of guidance.

In this round-up, the Chinese Communist Party’s leaders will meet this week, the US and China held a phone call to discuss a trade deal over the weekend and fully foreign-owned Qingdao Yicai received a mutual fund sales licence.

In this round-up, the big five Chinese banks have boosted lending to small and micro enterprises by 30% this year, the Chinese Ministry of Finance is planning to issue a euro bond and China’s ranking in ease of doing business jumped to 31 from 46.

In this round-up, China and the US are hammering out a draft of a mini trade deal, the regulators have switched around leaders at state-owned bad debt managers and the new foreign investment law has received praise from foreign investors.

Wells Fargo made a stylish return to the dollar market on Thursday following its earnings blackout, by printing a $6.5bn callable trade.

Dollar supply is set to begin its year-end dash in the coming days after earnings season peaked.

Deutsche Bank is relying on a tight team of loyalists to revive its corporate finance ambitions, writes David Rothnie.

China’s FangDD Network Group has kicked off a roadshow for the listing of American Depository Shares (ADS) on the Nasdaq.