CR Gas's $750 million debut benefits from strong parent

Meanwhile, New World China Land closes a Rmb2.8 billion debut dim sum bond -- the largest dim sum from a property company.

CR Gas's $750 million debut benefits from strong parent
China Resources Gas sees strong demand for its debut bond and sells 35% to US investors

Chinese state-owned enterprise China Resources Gas early Friday morning printed its $750 million debut bond, which came at the tail end of a busy week. It also came amid growing nervousness about negative headlines out of China and Hong Kong, including the arrests of Sun Hung Kai Properties' co-chairmen Raymond and Thomas Kwok late last week in connection with an investigation into bribery offenses.

Despite this, CR Gas pulled off its debut bond in textbook...

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