First offshore RMB CD issued in HK

The total issue size of the one-year RMB CD to institutional investors is 500 million yuan, carrying a coupon of 2.68 percent. HSBC is the sole bookrunner and lead manager for the ...

Alibaba-Backed Banma Plans Hong Kong IPO

Alibaba-backed smart cockpit solutions company Banma Network Technology is planning an initial public offering in Hong Kong, adding to the city's busy deal pipeline. Alibaba said Thursday that it ...