High-yield back as Yuzhou closes heavily subscribed bond

China Hongqiao and Xac Bank call off their dollar bond transactions, while China South City goes silent on its deal.

Greentown China, China South City and CIFI collectively raised $1.1 billion on Monday, boosting working capital capabilities amid a buoyant onshore housing market.

All types of Chinese investors line up to take a chunk of the first operator of trade centres to be listed in Hong Kong.

China SCE Property prices a Rmb2 billion synthetic offshore renminbi bond, while China South City opts for dollar funding with a $250 million bond.

Asian debt markets are off to a brisk start in January with the Philippine sovereign and Stats ChipPac launching deals yesterday and several Chinese high-yield issuers lining up to tap investors.

Issuers ignore heavy pipeline with two tightly priced deals.