debut

Strong investor response and tight pricing mark a successful maiden international bond issue from China Oilfield.

And Zoomlion prints a $400 million maiden deal.

A spin-off from Hong Kong conglomerate Far East Consortium, the offering is multiple times covered by more than 75 institutional investors, according to sources.

In the first issue by a Korean quasi-sovereign corporate this year, Korea Resources sells $300 million of five-year bonds.

The $327 million deal offers more evidence that demand for Hong Kong IPOs is waning. Earlier in the week, Chu Kong Pipe also priced at the bottom, while Sijia pulled its offering citing current market conditions.

Ausnutria, China Vanadium and Yingde Gases collectively put an end to the poor performance of recent Hong Kong IPOs.

Hong Kong's first new listing in two months gains 4.4% after late buying by a couple of Chinese institutions.

The cement company rallies 38% to become the best first-day performer among Hong Kong IPOs of reasonable size this year.

Sinoma gains 35%, while BYD Electronic closes slightly higher and Vietnamese motorbike maker VMEP falls well below its IPO price.