Asia Pacific

India's Quick Heal Technologies wrapped up investor meetings for its $70m-$80m IPO last week and plans to open books in mid February, according to sources.

The Asian bond market woke up to a pair of Chinese investment grade credits on Tuesday with Bank of Communications Hong Kong and China Nonferrous Metal Mining looking to tie up their respective dollar deals.

Export-Import Bank of Korea (Kexim) is gearing up to sell its first Panda bond in 2016. The policy lender is considering the asset class due to its attractive pricing when compared with offshore renminbi bonds.

The drop in offshore RMB (CNH) deposits in Hong Kong, and the further tightening of CNH liquidity due to the intervention of the Chinese central bank, is being touted as examples of how investors are ready to sell out of RMB assets. But a glance at liquidity trends across other RMB hubs reveals that the picture may be more nuanced.

Financial advisory firm Rothschild has made a senior appointment to its southeast Asia team with Henry Ho joining as non-executive chairman.

The Securities and Exchange Board of India (SEBI), the agency responsible for regulating commodity derivatives traded on Indian markets, has made several changes it said were designed to curb speculation and to reduce volatility in agricultural commodities.

IDBI Bank’s top management are doing the rounds with investors as they try to drum up interest for a Rp38bn ($561.3m) qualified institutional placement.

Chinese company Haier has enlisted three lenders to fund its $5.4bn acquisition of Kentucky headquartered GE Appliances.

HSBC Global Asset Management has appointed Ravi Menon as its new chief executive officer of India, effective on February 1.

China’s stock market regulator has conceded that it made mistakes following June 2015’s market crash and that its system for governing the country’s financial markets is inadequate.

Lippo Karawaci has launched an exchange offer and consent solicitation, aiming to switch holders out of a 2019 bond into new 2023 notes.

Standard & Poor’s has warned that Chinese property developers could be in line for possible rating downgrades if the renminbi continues to depreciate.