Asia Pacific
-
In this round-up, China’s economic growth slows in the second quarter, Beijing launches the world’s largest carbon emission trading scheme, and the top market regulator approves Tencent Holdings’ plan to take US-listed search engine Sogou private.
-
As Western companies operating in Hong Kong await the details of a warning from the US State Department about the risks of doing business in the special administrative region, analysts say the growing rift between China and the US is putting HSBC in an especially uncomfortable position.
-
Bukalapak has met with a wave of demand for its Rph21.9tr ($1.5bn) IPO, set to be Indonesia's largest listing, according to a source familiar with the matter.
-
Adani Electricity Mumbai used a sustainability-linked bond to raise $300m, as the energy company transitions to more renewable power.
-
JP Morgan has hired equity capital markets banker Jonathan Paul, the latest in a series of additions to its Asia Pacific ECM team.
-
Bank of America has poached Subhrajit Roy from a local firm in India to take over its global capital markets business for the country.
-
Five real estate companies from Greater China made their way into the dollar bond market on Thursday, appealing to investors with short tenors and juicy new issue premiums.
-
-
Georgia has become the latest country to signal its intention to develop a covered bond law, though given the small size of its mortgage market, issuance prospects are likely to prove limited.
-
The recent volatility in Asia’s dollar bond market caught up with borrowers this week, as investors began to demand more premium for new deals. While issuers may have to pay up to raise funding in the near term, some bankers think a rally is imminent. Morgan Davis reports.
-
Athletes are finally arriving in Tokyo for the long-awaited 2020 Olympics. I am bracing myself for what could be the oddest Olympics I've ever seen.
-
Beijing Enterprises Water Group sold two Panda bonds in China’s exchange market this week, raising Rmb2bn ($309m).