Strong start to the year for Asian equity-linked market

Haitian raises $200 million from debut CB, while CP Foods brings Thailand’s first ever exchangeable bond, a $290 million deal into CP All.

Strong start to the year for Asian equity-linked market

Thursday turned out to be a busy night in the Asian equity-linked markets with Hong Kong-listed Haitian International Holdings raising $200 million from its first-ever convertible bond and Thailand’s Charoen Pokphand Foods CP Foods selling $290.4 million of bonds exchangeable into shares in convenience store operator CP All.

Haitian designs and manufactures plastic injection moulding machines that are used in a variety of industries ranging from automotive and construction materials to healthcare and consumer products...

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