ICBC

Industrial and Commercial Bank of China has added Vicky Chan, a loans banker from China Construction Bank, to its team following a restructuring of its origination and distribution business.

China’s securitization market was bustling with deals this week. Toyota Motor Finance (China) Co followed Beijing Hyundai Auto Finance Co to launch a Rmb5bn ($774m) auto loan ABS deal, with two more transactions also in the works.

Macau's Luso International Bank sold an additional tier one bond last Friday, raising $248m.

Avic International Leasing Co turned to the euro market on Tuesday for a sub-one year bond, but the deal’s short tenor and a rough issuance backdrop led to tepid investor response.

ICBC Financial Leasing Co sold a $1.25bn three tranche deal on Monday that was well supported by Chinese banks.

ICBC International Holdings priced a three year bond on Monday with the support of a 22-member syndicate team.

Chinese state-owned enterprise Zhejiang Provincial Energy Group Co has returned to the offshore market for the first time in nearly seven years to print a $500m bond.

Chinese securities house Shenwan Hongyuan Securities bagged $500m from its five year bond sale on Wednesday.

Shanghai Pudong Development Bank (SPDB) leaned on a large syndicate team to sell a dual-currency bond that was mainly bought by other Chinese banks.

Chinese ride-hailing giant Didi has raised $4.4bn from its New York Stock Exchange IPO, increasing the size of the float after investors pumped more than $40bn of orders into the book.

Chinese online grocer Missfresh saw its share price sink on its trading debut, after it priced its Nasdaq IPO at the bottom of the marketed range.

Chinese ride-hailing firm Didi Chuxing has launched its New York Stock Exchange IPO, aiming to raise $4.03bn from the largest China-into-US listing since Alibaba Group Holding’s jumbo $25bn deal in 2014.