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Chinese online video website Tudou Holdings is ready to launch its $120 million US initial public offering (IPO) this week after postponing it in November, IFR reported on Wednesday.
Investors including the Li Ka Shing Foundation and China Life Insurance are to buy HK$2 billion ($256 million) of China Timber Resources Group (CTRG) convertible bonds to finance an expressway in Mongolia.
Chinese rating agency Dagong Global Credit Rating said it has cut the credit rating of the United States from A+ to A after the US federal government announced to increased the debt limit.
Buyout firm Carlyle Group agreed to buy 9 percent of Haier Electronics Group Co Ltd through convertible bonds, raising its stake in a Chinese company expanding into Japan and China's untapped markets.
Domestic businesses in China have been barred from borrowing RMB from foreign banks in the latest move to tighten monetary policy, Shanghai Securities News reported Tuesday.
Hong Kong stocks lost 241.91 points, or 1.07 percent, at 22,421.46 on Tuesday.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 4.74 points, or 0.51 percent, to 932.12 on Tuesday.
China's stock index futures closed lower on Tuesday with the contract for August, the most actively traded, down 0.71 percent from the previous day to 2,964 points.
China's stocks ended lower Tuesday with the benchmark Shanghai Composite Index down 0.91 percent to close at 2,679.26.
China's central bank has halted offshore yuan borrowing by domestic companies, a move seen as an attempt to clamp down on hot money flows at a time when the authorities are still tightening policy.
The Ministry of Finance auctioned 22.7 billion yuan of three-year bonds with a yield of 4.07 percent on behalf of seven regional governments, traders said on Monday.
An investor of Industrial and Commercial Bank of China, the world's largest bank by market value, is selling 638.06 million ICBC H-shares at HK$5.84 (75 cents) per share, Xinhua learnt Tuesday.
