Bank of Communications

Zhejiang New Century Hotel Management, a unit of Chinese billionaire Chen Miaolin’s New Century Group, has filed for an IPO in Hong Kong.

Agile Group Holdings snapped up $400m from a tap on Thursday, with investors’ response sending a strong signal to the high yield market, according to bankers.

The onshore arm of DBS bagged Rmb3bn ($448.3m) from the Chinese bond market on Tuesday, marking its first trade since 2015 that carries a tenor of more than one year. The transaction was also the second bond from a Singaporean lender in the mainland this year.

Chinese peer-to-peer lending platform 51 Credit Card has raised HK$1bn ($128.6m) after pricing its IPO at the bottom of guidance, according to a banker on the deal.

CMB International raised $250m from a three year floating rate note on Monday. Bankers and analysts were expecting the deal to reach $300m but despite a well-filled book, the borrower opted to limit its size ambitions.

Redsun Properties Group hit the road on Thursday to drum up buy-side demand for its potential HK$2.5bn ($324.2m) Hong Kong IPO.

China Huarong Asset Management Co focused on getting a sensible price rather than a large size with its Tuesday bond issue, raising $1.1bn from three tranches. The deal followed a probe of its former chairman earlier this year, as well as a general widening of bonds from the sector.

Industrial and Commercial Bank of China (Asia) on Wednesday priced a triple-tranche green bond. But the deal, comparatively smaller than recent issues at $730m equivalent, had a moment of intrigue when one global co-ordinator left the syndicate group.

Chinese alternative investment firm Citic Capital Holdings has approached the loan market for a new HK$2.5bn ($318m) borrowing.

The Ministry of Finance of Georgia has started laying the groundwork for issuing its debut Panda bond in China, multiple sources have told GlobalRMB.

State-owned China Power International Development (CPID) is heading to the onshore bond market for Rmb2bn ($312.4m) of funding. The Hong Kong-incorporated borrower wants to attempt its first Panda since 2016, but it needs regulatory approval first.

China Great Wall Asset Management Corp snapped up $600m from a five year bond on Thursday, a modest size compared to its last offshore outing.