CDFHC prices CB

For the third day running, a convertible deal has emerged from Taiwan, with China Development Financial Holding Company (CDFHC) raising $310 million from a short-dated deal. For lead manager JPMorgan, the transaction was particularly noteworthy, since it propels it to the top of the Asia ex-Japan equity-linked league tables for the first time following its merger with Chase and Jardine Fleming.