Northeast Asia

Science City (Guangzhou) Investment Group Co, a Chinese state-owned enterprise, raised $550m from a dual tranche debut bond sale on Tuesday.

Hong Kong-based Jeneration Acquisition Corp, a special purpose acquisition company (Spac), is planning to raise $300m from a Nasdaq IPO.

Bilibili, a Chinese video sharing and gaming platform, has raised HK$20.2bn ($2.6bn) from its Hong Kong secondary listing, following a strong turnout from institutional investors.

New Hong Kong-listed companies are increasingly seeing muted aftermarket trading, rather than sweeping gains on their debuts. However, this shouldn’t be mistaken for a dip in investor sentiment in the stock market. It's instead a sign of strength for the bourse.

Property developers R&F Group and CC Land Holdings are jointly looking for a dual currency loan of £476.7m ($653.5m)-equivalent to develop a project in London.

Hong Kong JunFa Property Company raised $116m on Monday from a well anchored tap of one of its existing bonds.

South Korean internet company Naver Corp, best known for its search platform, has made its debut in the bond market with a $500m sustainability note.

Linklogis has begun drumming up demand for its Hong Kong listing, after winning approval from the city’s stock exchange.

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.

Taiwan’s Formosa Plastics Corp is planning a quick return to the loan market, sending out a request for proposals for two loans totalling $930m to support an iron ore mining project in Australia.

In this round-up, China leaves the benchmark lending rates steady yet again, the central bank’s monetary policy committee gets a reshuffle, and senior foreign policy officials from Beijing and Washington fail to agree on key issues at a high-stakes meeting.

In this round-up, economists expect China’s GDP to grow at a faster pace than previously forecasted, Vanguard decides to take a step back from its plan to establish a wholly-owned fund management company in the Mainland, and Luckin Coffee pushes forward a debt restructuring and a potential equity investment deal.