China Construction Bank

JQ Pictures Holdings has completed a non-deal roadshow for its $100m IPO in Hong Kong and is preparing to open books in September.

Tuesday is yet another busy day for China DCM, with Bright Food (Group) Co, Greentown China Holdings and Central China Real Estate in the market for bonds, while China Railway Group is set to meet accounts for its return to the international debt market.

Zhongyuan Bank’s HK$8.34bn ($1.1bn) IPO in Hong Kong was well covered as of Thursday morning, according to a banker at one of the leads.

Two Chinese banks sold dual tranche floating rate dollar bonds this week, taking advantage of the market’s enthusiasm to raise a combined $1.8bn. But the eagerness for the format appears to be waning.

Guangdong Hengjian Investment Holding raised $500m from its debut bond on Monday on the back of nearly six times demand. The issuer priced the notes inside its comparables, a feat possible thanks to its status as a provincial-level state-owned enterprise and a quiet primary market.

Guangdong Hengjian Investment Holding is marketing its debut dollar bond while Bank of China's Hong Kong branch is taking bids for a dual tranche floating rate transaction.

Guangzhou Rural Commercial Bank Co got its HK$8.06bn ($1.03bn) Hong Kong IPO away on Wednesday, pricing the shares just below the middle of the offered range.

Guangzhou Rural Commercial Bank Co’s HK$8.34bn ($1.07bn) Hong Kong IPO is covered after three Mainland investors lent their support as cornerstones.

China Construction Bank International seized a tightly priced $600m five year deal on Tuesday, offering investors something different to an increasingly common floating rate note.

State-owned Power Construction Corporation of China and Sinochem-backed Far East Horizon are in the market with dollar-denominated perpetuals, while Tunghsu Group is making its international debut with a three year.

State-owned Power Construction Corporation of China (PowerChina) is connecting with fixed income accounts for its second international senior perpetual bond.

China Construction Bank International opened books for a new five year deal on Tuesday morning, backed by the lender's Hong Kong branch.