KGI

Two Chinese companies from either end of the credit spectrum jump into the market after the Fed's dovish policy statement.

Chinese policy bank takes advantage of calmer market conditions to re-open last September's dollar- and euro-denominated bond issue.

Taiwan's China Development Financial Holdings offers $1.8 billion to take over KGI Securities with the aim of merging it with its own brokerage unit Grand Cathay Securities.

The money raised will be used to finance KGIÆs acquisition of Taishin Securities.

KGI Securities buys Taishin's brokerage for $876 million to consolidate its position in Taiwan's brokerage industry.

At a GreTai Securities Market bond conference in Hong Kong, industry experts discussed the nuances of the Taiwanese bond market and its future development.