RMB-round-up: Connect burns through quota, ASX introduces RMB depository...
In this round-up, Stock Connect southbound flows pick up considerably, the Australian Securities Exchange (ASX) introduces an expanded RMB clearing and depository facility, and RMB clearing in Hong...
View ArticleCornerstone craving starts to hurt IPO pitch process
In a shift that has some bankers worried, Hong Kong’s IPO market has reached a stage where advisers need to pitch for a deal armed with cornerstone investors. Equity capital markets houses can no...
View ArticleChina’s Ctrip.com nets $2.2bn from block, CB combo
US-listed Chinese travel company Ctrip.com International has raised $2.2bn after pricing a convertible bond and a block of American Depositary Shares.
View ArticleYes Bank hits market with QIP, spies potential Rp66bn
India’s Yes Bank has bagged as much as Rp66.3bn ($996.7m) from a qualified institutional placement (QIP), the largest so far in the country’s financial year.
View ArticleJacobson Pharma opens books for $100 HK IPO
Drug company Jacobson Pharma Corp kicked off bookbuilding this week for its potential HK$753m ($97.1m) listing.
View ArticleTrio raise $550m in busy week for Asian blocks
Asia’s block market got a boost this week as investors sold down stakes in Longfor Properties Co and People's Insurance Company of China (PICC) in Hong Kong, while Lippo Group trimmed its holding in...
View ArticleBoom! Postal Savings Bank reveals price range
Postal Savings Bank of China will raise up to HK$62.7bn ($8.1bn) via its Hong Kong IPO after setting the price range, putting it on track to be the world’s biggest listing in two years.
View ArticleKhazanah nets $289m with Tenaga sell-down
Khazanah Nasional has raised MR1.2bn ($295.3m) after offloading a chunk of shares in Malaysian utility company Tenaga Nasional.
View ArticleDoosan Bobcat preps largest Korean IPO in six years
South Korea’s Doosan Bobcat has announced the price range for its IPO, which is expected to raise W2.4tr ($2.2bn) and become the largest listing in the country in six years.
View ArticleBidders pounce on Suuti share sales
Twelve banks, including bulge brackets like Goldman Sachs and Morgan Stanley, are jockeying for pole position on Specified Undertaking of the Unit Trust of India’s (Suuti) planned sell downs.
View ArticleYes Bank pulls Rp66bn QIP as stock plunges
Yes Bank has pulled what could have been India's largest qualified institutional placement this financial year, citing extreme volatility in the market.
View ArticleWorld Bank releases price guidance for landmark Mulan bond
The World Bank has announced the price guidance for its upcoming Mulan bond.
View ArticleCabei makes Rmb700m Formosa comeback
The Central American Bank for Economic Integration (Cabei) ventured into Taiwan’s Formosa bond market for the third consecutive year, raising Rmb700m ($105m) from a three year note.
View ArticleUpdated: World Bank brings SDR bonds back to life
The World Bank broke a 30 year silence in special drawing rights (SDR) bonds with the sale of the SDR500m ($700m) three year note in China on Wednesday. While the Mulan bond is widely seen as a...
View ArticleCabei returns to sweep up residual Formosa demand
The Central American Bank for Economic Integration (Cabei) is back with a Formosa bond just three days after it raised Rmb700m ($105m) in the same market.
View ArticleVeolia à la mode with France’s first Panda bond
Veolia Environnement etched its name into the record books this week by becoming the first French company and only the second European corporate to issue a Panda bond.
View ArticleCabei revels in back-to-back Formosa success
The Central American Bank for Economic Integration (Cabei) found plenty of suitors in the Formosa bond market, sealing a Rmb1bn ($150m) offering on Friday, its second deal in a week.
View ArticleAsia DCM opens with a bang as seven deals go live
Fixed income investors had plenty digest on Thursday with a total of seven Chinese issuers vying for attention. The majority are eyeing dollars but two names are venturing into offshore renminbi.
View ArticleChina Resources Cement, Hengan Int ink debut Pandas
A pair of red chip companies created their respective benchmarks in the Panda bond market this week, raising a combined Rmb5bn ($749m).
View ArticleFirst for France as Veolia unveils Rmb1bn Panda bond
Veolia Environnement became the first French company and only the second European corporate to issue a Panda bond, raising Rmb1bn ($150m) this month with a privately placed note.
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