Hanhua Financial to kick-off IPO roadshow

Bankers secured two cornerstone investors for Hanhua ahead of the Chinese microfinance company's listing.

Franklin Templeton's Jenny Johnson points to collateral management and lower servicing costs as reasons for adoption, while banks’ existing infrastructure limits faster settlement.

A potent brew of volatile markets, inexperienced issuers and increasing competition among banks and brokerages has led to a marked deterioration in G3 bond market practices out of Hong Kong. Calls for change are growing louder.

Bank of China (Hong Kong)'s sale of Nanyang Commercial Bank attracted only one bidder while Tesco's sale of Homeplus is still in the works.

The Northeast Chinese commercial bank is to brave souring investor sentiment by listing in Hong Kong later this month.

Airport Authority Hong Kong draws 2.9x subscription for its multi-tranche senior notes offering, underscoring resilient appetite for high-grade Hong Kong dollar debt; the airport's second runway will open in May.