Bank of Communications

ICBC Financial Leasing Co brought home $2bn from its latest dual tranche deal on Wednesday, hitting its regulatory cap and meeting its pricing goals.

Industrial and Commercial Bank of China is back in the market with a dual tranche deal carrying three and five tenors, set to be issued through the firm's leasing arm.

Emperor International Holdings, Xinjiang Guanghui Industry Investment (Group) Co and Zhuhai Huafa Group Co sealed new dollar deals on Thursday, going into their respective transactions with books fully covered.

Kunming Dianchi Water Treatment Co opened the doors to its Hong Kong IPO on Friday, with the deal set to raise up to HK$1.6bn ($205.3m).

Hong Kong-listed Fosun International is back in the syndicated loan market for $650m equivalent to refinance a $800m deal raised two years ago.

Emperor International Holdings, Xinjiang Guanghui Industry Investment (Group) Co, Japfa Comfeed Indonesia and Zhuhai Huafa Group Co ventured into the debt market on Thursday, following some recovery in credits in the US overnight.

Kunming Dianchi Water Treatment Co has started pre-deal investor education for a Hong Kong IPO that could raise $200m, according to a source close to the transaction.

The performance of the Asia bond market over the past couple of weeks, despite the macro moves elsewhere, has shown that it can drive forward independently of events in the west. With European and US political volatility waiting in the wings, Asian DCM’s self-sufficiency bodes well.

Emperor International Holdings is gearing up for a new dollar bond, hiring nine firms to work on the transaction, while Japfa Comfeed Indonesia is looking for fresh funds to partly redeem its 2018s.

Hong Kong’s market watchdog has slapped a HK$15m ($1.9m) fine on BoCom International (Asia) for failing to discharge its duties as a sponsor in the listing application of China Huinong Capital Group.

The recent volatility in the bond market ahead of an imminent US interest rate hike did not concern repeat issuer Bank of Communications Financial Leasing Co (BoCom Leasing), which ventured out on Tuesday and printed a $2bn triple trancher, extending its curve to 10 years.

China New Higher Education Group has resubmitted a draft prospectus with the Hong Kong Stock Exchange, looking to follow the stream of Chinese education companies that are listing in the city in 2017.