Asia Pacific

South Korea’s busy IPO market is continuing to pump out deals, with the latest listings coming from Kakao Pay and Covid-19 test maker SD Biosensor. But issuers still have to be realistic, as Krafton found out when it shot for, but missed, the country’s largest ever IPO.

Yunnan Provincial Energy Investment Group, a Chinese state-owned company, has returned to the loan market after three years for a sustainability-linked facility.

Bank of China has notched yet another first in Asia’s debt market. The firm’s Hong Kong arm has raised Rmb1.5bn ($232m) from an offshore dim sum bond tagged as a ‘sustainable and smart living’ green deal, aimed at meeting the Mainland’s ambitious carbon neutrality goals.

Santander is preparing to make use of some attractive Australian dollar bond market conditions to sell the first bond from its new Kangaroo programme.

Some of Nomura’s senior Asia equity capital market bankers have resigned amid a host of other recent exits, GlobalCapital Asia understands.

Credit Suisse has hired a new head of debt capital markets for Australia.

Xpeng bagged HK$14bn ($1.8bn) this week from the first secondary listing in Hong Kong by a Chinese electric vehicle maker.

Renewable energy company Vena Energy was back in the bond market on Wednesday with a $175m tap of its debut green bond.

Rowena Chu, vice-chair of Greater China investment banking coverage at Deutsche Bank, has retired.

Crédit Agricole has tapped Romain Voisin as head of the energy and infrastructure group for Asia, replacing Quentin Slight, who has relocated to London.

Deutsche Bank has named Glenn Morgan as chief executive for its Australia business, giving the veteran banker the position on a permanent basis.

A senior debt capital markets banker at HSBC in Hong Kong is moving to Barclays, GlobalCapital Asia has learnt.