Asia Pacific
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Regulator removes ownership limit in Chinese banks for international lenders, China’s central bank vows support for businesses amid trade war escalation, Beijing and Washington fail to reach concrete agreements after two days of discussions. -
Chinese regulators flipped the switch on delivery-versus-payment (DVP) for Bond Connect on Friday morning, meeting a key demand that market participants have made for over a year.
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Redco Properties Group sold a $200m two year bond on Thursday, joining a growing list of issuers that have relied on anchor support for their fundraisings.
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UBS has hired Boyang Liu as an associate director on the debt origination team.
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Chinese agribusiness company New Hope Group has returned to the loan market for an up to $150m borrowing to refinance a deal sealed in 2015.
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The Indian government is looking to pare its stakes in Housing and Urban Development Corp (Hudco) and NBCC to raise some Rp24bn ($342m) at their current prices.
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South Korea’s Air Busan could launch an IPO of at least W100bn ($89m) by the end of the year, said a banker on the trade.
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National Australia Bank issued €2bn of new senior conventional and green notes on Wednesday with a simultaneous tender for existing short-dated debt that could inspire other banks in the euro market looking to make their maturity profiles more efficient.
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Abagian lands bigger job at MS — Minsheng Bank loses two – HSBC Philippines CEO exits – Bhagat leaves StanChart’s capital markets unit – Dagong faces regulators’ wrath – DWS appoints Ng to two positions
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The Hong Kong bourse saw a raft of IPO filings this week, as issuers made a beeline for what could be a bumper September for new share sales.
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We’re eight months into the year, and I’ll admit that my New Year’s resolutions have fallen by the wayside. Although, in all honesty, my “plans” to cut back on the whiskey and take more exercise were more Tai Tai’s ideas than mine. But one friend of mine has – surprisingly – stuck by his goals.
