china securities international

A potent brew of volatile markets, inexperienced issuers and increasing competition among banks and brokerages has led to a marked deterioration in G3 bond market practices out of Hong Kong. Calls for change are growing louder.

The listing of BoCom International is set to be the first offshore investment banking spin-off by a state-owned Chinese bank.

China’s fifth-largest bank has started gauging investor demand for an IPO of its offshore securities brokerage and investment banking arm, BoCom International Holdings.

Singapore-listed water treatment operator defies downbeat mood with aggressively priced perpetual bond.

Another LGFV sells a debut US dollar-denominated issue, attracting lukewarm demand.

The IPO of Bank of China’s aircraft leasing business will be closely watched as two other aircraft lessor IPOs also prepare to take off in Hong Kong later this year.

Yadea Group could be the first pure-play electronic vehicle manufacturer listed in Hong Kong and provides some welcome diversity for investors after a rush of financial IPOs.

The regional lender opted against a big cornerstone tranche, the deal structure widely used by Chinese banks for their Hong Kong IPOs.

The Chinese raw milk producer raises $426 million at a valuation of 17 times forward earnings, while investors look ahead to the larger offerings from Cinda Asset Management and Qinhuangdao Port due next week.