Asia Pacific

UniCredit has made three senior appointments in Asia, including to its management in Singapore and Mumbai, as well as hiring Florence Blazy as a senior banker in France.

HSBC has promoted Hossein Zaimi to become global head of equities, replacing Patrick George in the role, who continues as EMEA global markets head.

Indian finance minister Arun Jaitley plans to continue the government’s disinvestment programme in the new financial year beginning in April, with IPOs of some state-owned railway companies on the cards.

Power company Gulf Group has appointed a consortium of domestic and foreign firms to run its planned listing on the Stock Exchange of Thailand (SET) this year.

January marked the busiest start of a year for the Asia ex-Japan debt capital market in decades, as issuers rushed to take advantage of a strong market backdrop and peak investor interest before Chinese New Year.

The Securities and Exchange Board of India has issued a circular attempting to smooth the process of cross listing of bourses, just days after the Bombay Stock Exchange sealed its IPO.

Welcome back to those of you outside of China and Taiwan. While we were on a break, Hong Kong revealed the largest single month drop in CNH deposits, China experienced $203bn of outflows in December 2016, and Mega Bank advises against clients holding long RMB positions.

Philippine lender BDO Unibank has sealed a rights issue worth Ps60bn ($1.2bn) in the largest ECM transaction in the country in nearly four years.

KWG Property Holding signed a dual currency term loan with a group of lenders on January 27, with the money to be used for refinancing and corporate funding requirements.

Citi’s Asia Pacific head of technology, media and telecom (TMT) for corporate and investment banking has taken on additional responsibilities as the firm’s co-head of global investment banking technology franchise.

ANZ has appointed Sanjay Mathur as chief economist for southeast Asia and India, beginning this month.

Investec Australia Property Fund, the Johannesburg-listed real estate investment trust focused on commercial property in Australia and New Zealand, set terms for its partially underwritten R1.5bn ($111m) rights issue on Tuesday. Investors marked the shares up 2.3% on the day.