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
Tencent Technology began pre-marketing on Monday May 17 for an IPO that looks likely to raise up to $200 million. Goldman Sachs is leading the deal, which is being pitched on an exceptionally wide valuation range in a reflection of deteriorating market conditions particularly for China-related plays (Editor's note: this article was first published on Wednesday May 19).
