Asia Pacific
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Bank of America Merrill Lynch has promoted Jessica Li to head of healthcare investment banking for Asia. -
The privatisation of Kazatomprom, the Kazakh producer of natural uranium, moved ahead on Wednesday after bookrunners kicked off a marketing roadshow and set a price range for the listing.
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The gross market value of over-the-counter (OTC) derivatives has resumed its precipitous decline after briefly gaining positive momentum between 2015 and 2016, according to figures from the Bank for International Settlements (BIS).
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China Evergrande Group raised $1.8bn in an unusual three-tranche deal on Tuesday that saw its chairman purchase $1bn of the notes as a show of support for the company.
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China Citic Bank International gave in to investor demands for a higher yield on its additional tier one notes, compromising on price to secure a $500m trade.
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Standard Chartered announced on October 29 that it had been granted a domestic fund custody licence by the China Securities Regulatory Commission (CSRC).
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Avic International Leasing Co netted $350m on Tuesday from a three year bond, opting for a slightly different pricing strategy by starting the deal at a relatively tight guidance.
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S&P Global Ratings is expecting to get regulatory approval to set up in China as early as next month, a source familiar with the application process told GlobalRMB.
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BNP Paribas (BNPP) has picked a senior global markets executive to run its China business, GlobalRMB understands. The bank has also lost its second head of RMB solutions team in two years.
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Liaoning Chengda Biotechnology filed for a Hong Kong flotation on Tuesday through sponsors CLSA and GF Capital.
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Foreign inflows to China’s onshore interbank bond market dropped to Rmb5.1bn ($734m) in September, down 91.5% from the previous month, amid narrowing spreads between China and the US and slowing economic growth.
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The Indian government has hit the market with a mammoth block sale of up to Rp148.6bn ($2bn) in Coal India, as the state looks to add some much-needed weight to its 2018/19 divestment target.
