Tencent, State Grid and ASUS tap debt markets
The Chinese groups completed bond offerings across USD, CNH and AUD, while the Taiwanese manufacturer has used its Singapore subsidiary for syndicated lending.
October 23, 2026
Improving market sentiment, renewed interest in the Chinese internet sector and a realistic valuation enabled Tencent to price at the top end of its price range on Friday. Under the lead management of Goldman Sachs, the instant messaging company priced a 420.16 million share deal at HK$3.70, raising HK$1.55 billion ($199.3 million).
