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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Haitong Securities

  • GoHo Asset Management Co returned to the debt market for a $100m bond on Wednesday.
  • Hong Kong JunFa Property Company raised $116m on Monday from a well anchored tap of one of its existing bonds.
  • Zhihu has kicked off the roadshow for its US listing. The Chinese company is aiming to raise up to $632.5m from the public market, and a further $250m from a handful of high-profile investors through private placements concurrent to the IPO.
  • Bairong, a financial technology firm, has covered its HK$3.94bn ($507m) IPO, following strong demand from institutional investors on the first day of bookbuilding.
  • The Hong Kong Stock Exchange has had a stellar week, hosting two secondary listings worth about $6bn in total in quick succession. The latest out of the gate is Chinese video sharing and gaming platform Bilibili, which kicked off a potential $3bn float within hours of internet giant Baidu wrapping up its multi-billion-dollar deal. Jonathan Breen reports.
  • Two Chinese companies sold dollar bonds on Wednesday as the rest of the market hit pause to await the outcome of the Federal Open Market Committee meeting.
  • Five banks are set to bring nearly Rmb60bn ($9.23bn) of subordinated bond supply to China’s domestic market this week, making it the busiest week for onshore bank capital deals so far this year.
  • Chinese internet giant Baidu has met with a rapid flood of early demand for its Hong Kong secondary offering, which is expected to raise around $3bn.
  • Secondary listings in Hong Kong got a fresh boost this week with online car marketplace Autohome pricing its deal and internet giant Baidu getting ready to roll out its transaction. More homecomings by US-listed Chinese companies are in the pipeline, but the number of viable candidates is shrinking, writes Jonathan Breen.
  • US-listed Autohome, an online car marketplace, has wrapped up its HK$5.34bn ($687.8m) secondary offering in Hong Kong, pricing the deal even as its US stock dived amid a market rout.
  • China’s YishengBio is planning to list in Hong Kong, having filed an IPO application with the bourse on Monday.
  • A significant widening of China South City Holdings’ dollar bonds issued in January forced the company to offer a juicier yield for its return to the international market this week.