GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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China Merchants Securities Co

  • Fantasia Holdings Group made a rapid return to the dim sum bond market on Monday, opening a tap of its Rmb600m ($92.4m) 9.50% 2019s sold in April this year.
  • China Resources Beer (Holdings) Co has wrapped up a multiple times oversubscribed rights issue, netting HK$9.5bn ($1.2bn), according to a filing with the Hong Kong Stock Exchange.
  • Ford Auto Finance (China) is set to launch its second auto ABS transaction of 2016 with a Rmb3bn ($450m) offering that is almost identical to its outing earlier in the year.
  • Chinese brokerage Changjiang Securities is looking to spin off and list its Hong Kong business, according to a statement from the firm on Tuesday.
  • The list of companies issuing Panda bonds in China’s exchange market continues to grow with a pair of red chip names, Agile Property Holdings and China Everbright, raising a combined Rmb7bn ($1.05bn).
  • KWG Property Holding sealed its third appearance in the onshore bond market this year with a Rmb2bn ($299m) private placement on Thursday. But unlike its previous deals, which were sold by its onshore subsidiary, the latest offering was a direct issuance from the Cayman Islands-incorporated firm.
  • Guangzhou Rural Commercial Bank has mandated a quartet of banks for a Hong Kong listing that could be worth around $1.5bn, according to sources familiar with the matter.
  • Volkswagen Finance Services ventured into the China auto ABS market for the second time this year with its Rmb2.99bn ($446m) Driver China Four offering – the company’s tightest priced securitization in the country.
  • Warehouse developer China Logistics Property Holdings Co has added HK$3.4bn ($438.3m) to its coffers after sealing a Hong Kong IPO at the top of price guidance, according to a source close to the deal.
  • Yihai International Holding has priced its IPO towards the top end of guidance, raising HK$858.0m ($110.6m).
  • A pair of Chinese firms are preparing potential multi-billion-dollar deals. Postal Savings Bank of China Co is seeking approval for a Hong Kong IPO that could raise up to $8bn, according to sources familiar with the matter, while China Resources Beer (Holdings) Co is aiming to net HK$9.5bn ($1.2bn) from a rights issue in the next few weeks.
  • China Resources Beer (Holdings) Co is preparing a jumbo rights issue, aiming for a size of HK$9.5bn ($1.2bn).