CCB

A new pilot scheme to allow Chinese banks to trade government bond futures is a very healthy step in the right direction towards fully liberalising the market and allowing foreign investors to finally tap it, experts believe.

Huge issuance requirements combined with a small international investor base pose unique challenges for China’s big four banks as they gear up to raise billions of dollars of capital.

Total Loss Absorbing Capacity requirements are likely to cause China’s Big Four banks to issue billions of dollars of bonds overseas, and expand the non-bank institutional investor base for China’s domestic bond market.

Baoshu Huang joins from China Construction Bank International as head of DCM for North Asia, a newly created role.

Chinese hydropower company sells euro and dollar exchangeable bonds, defying a stock price slump in Hong Kong.

Bank of China paints the markets green and red with a well received debut environmentally friendly bond, while Yunnan brings a third LGFV issue.

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

China's largest construction company and a local government financing vehicle from Tianjin add to a market struggling to digest a flood of new paper.