bonds

China intent on ‘proactive’ reforms after tough 2024

Slowing loans, M&A and ECM hit banks' fees last year. Technology, exports and bonds are bright spots, while Hong Kong is increasingly being seen as a place to raise foreign capital. PBOC's governor Pan Gongsheng wants a proactive policy approach.

January 14, 2025

Hong Kong's Airport Authority succeeds in $7bn bond offering

The record issuance in US dollars, Hong Kong dollars and CNH, includes several 30-year tranches.

January 09, 2025

Asia’s bond outlook upbeat for issuers in 2025: JP Morgan

Refinancing needs, fewer defaults, falling interest rates, sustainable bonds, and support from banks, are all fueling demand.

December 17, 2024

HKMC issues second ILBS issuance for $423m as investor demand grows

The Asian Infrastructure Investment Bank is an anchor investor in SPV Bauhinia 2, which contains a $107m sustainability tranche; meanwhile, the Hong Kong Mortgage Corporation will have a new CEO in December.

September 13, 2024

APRA eyes phasing out AT1 bonds

The Credit Suisse crisis shows that the bonds don't necessarily provide stability to banks and investors as designed; APRA has proposed a different capital framework from January 1, 2027.

September 10, 2024

Bond investors eye Hong Kong as offshore RMB hub as China access grows

Greater liberalisation and new access schemes aim to help offshore investors tap China's vast bond market, plus give them tools to better manage risk and liquidity. How can fixed income portfolios capitalise on these initiatives?

HSBC

HK’s Urban Renewal Authority sees strong demand for HK$12bn bond amid tough market

The transaction is one of the largest HKD-denominated issuances to date; however, the SAR's property market is tough, with giant New World Development set to announce its first loss in 20 years.

September 03, 2024

Demand for Korean bonds growing strongly in 2024: JP Morgan

In addition, there is growing demand for issuance in Asia's renewables market and also for private credit, according to senior managers at the bank.

June 25, 2024

China’s 2024 GDP target attainable only by major actions: analysts

Beijing will issue a spree of special-purpose bonds in order to help meet the ambitious GDP target, but more reforms are likely needed to boost output.

March 19, 2024

IWD Deal Analysis: How IIX’s WLB6 Orange bond helps women’s livelihoods in Asia

Since 2017, Impact Investment Exchange has raised $228 million to support women’s economic empowerment in Asia, with the deal size and number of investors on an upward trend.

March 07, 2024