Asia Pacific
-
The success of Indian gold financing firm Muthoot Finance’s debut dollar bond sale in 2019 spurred gold loan provider Manappuram Finance to seek funds from the international debt market on Monday.
-
The Export-Import Bank of India clinched $1bn from a 10 year bond on Monday, riding on investor enthusiasm for deals from the country.
-
Chinese artificial intelligence company Megvii Technology is moving forward with its plan to list in Hong Kong, after getting the go-ahead from the city’s stock exchange, according to two sources close to the transaction.
-
The International Swaps and Derivatives Association has appointed Su Yen Chia as its new head of Asia Pacific public policy.
-
Index provider FTSE Russell is expanding the remit of its sustainability investment research in Asia Pacific to include hundreds more Chinese and Japanese securities.
-
Senior debt capital markets banker Pramod Shenoi joined independent research firm CreditSights at the end of last year.
-
Natixis has made two new hires for its Asia sponsor finance and mergers and acquisitions teams in Hong Kong.
-
Asian bond issuers went full speed ahead with their fundraising plans on Monday, launching new deals ahead of Chinese New Year holidays at the end of the month.
-
Hong Kong-listed MicroPort Scientific Corp is looking at spinning off and listing its heart treatment subsidiary, according to a stock exchange filing.
-
In this round-up, China’s central bank cut the required reserve ratio by 50bp on Monday, domestic financial institutions have been told to price loans based on the new benchmark and regulators have published draft rules on dealing with corporate bond defaults.
-
I-Mab, a China-based biopharmaceutical company, has kicked off the roadshow for its up to $111.1m Nasdaq IPO, more than two months after filing draft documents with the US regulator.
-
Global law firm Dechert has hired Maria Tan Pedersen as a partner in its Singapore office, in a bid to expand and strengthen its corporate and securities practice in the region, it said on Monday.