Asia Pacific

Credit Suisse has hired Brett Ryman to its investment banking and capital markets (IBCM) team in Australia, according to a memo seen by GlobalCapital Asia.

The US regulator’s demand for more disclosures from Chinese companies planning New York listings may be a death knell for the flow of IPOs between the two markets — but it could go a long way towards offering investors some much-needed transparency.

Hong Kong’s Securities and Futures Commission has hit UBS and its securities unit with a combined HK$11.55m ($1.5m) in fines for regulatory breaches.

Indian agribusiness company Adani Wilmar has filed draft documents with the securities regulator for a Rp45bn ($605.6m) IPO.

An international consortium is seeking a $275m loan to support its acquisition of DuPont Clean Technologies.

Indian power finance company REC, formerly known as Rural Electrification Corp, has mandated five banks for a $600m loan.

Korea Midland Power Co steered its $300m bond through tough market conditions on Monday, having little option but to offer investors a premium to ensure decent secondary performance of its notes.

US-listed hybrid electric vehicle maker Li Auto has hit the road for its Hong Kong secondary listing. The deal could raise around HK$13.1bn ($1.68bn) based on the last close of its US stock.

Beijing Hyundai Auto Finance Co has kicked off its onshore auto loan ABS issuance for the second half of the year, returning with yet another revolving deal under the Autopia China series.

PB Fintech, parent of online insurance platform Policybazaar, has filed initials documents for a Rp60.17bn ($809.2m) IPO in India.

China’s securities regulator is pushing for closer co-operation with the US Securities and Exchange Commission to support overseas listings.

Online music platform Cloud Village is drumming up demand for its Hong Kong listing, according to a source familiar with the matter.