Dim sums keep pace as Axiata and Shinhan print deals

Despite disappointing China trade data, Asia’s dollar bond markets are off to a flying start after the summer, with four borrowers raising $2.1 billion so far this week. This included Chinese high yield borrower RoadKing Infrastructure and Korea Hydro & Nuclear Power, which raised $350 million and $750 million respectively on Tuesday night; and Siam Commercial Bank and Nonghyup Bank which collectively raised $1 billion on Monday.