Asia Pacific
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Foreign asset managers in China have started the New Year in style. Fidelity International launched two funds on January 2, covering onshore equity and fixed income, after receiving its private fund management (PFM) licence last May. The move came less than a week after BlackRock got the regulatory green light for its own PFM licence. -
Chinese conglomerate Citic began marketing a dual tranche dollar bond on Thursday morning, nearly a year after its last debt sale.
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After a booming 2017, with record deal volumes across securitized asset classes, S&P Global Ratings has predicted there will be $1tr of issuance across global ABS markets in 2018, driven by sustained economic expansion.
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South African telecommunications company MTN Group is holding a non-deal roadshow in Taipei this month.
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India’s Tata Steel has issued indicative pricing for a borrowing totalling $2.15bn, which will mainly refinance debt at its Singaporean and Dutch units.
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The owner of Indonesia’s Pizza Hut franchise has hired three banks as lead underwriters on an IPO slated for this year, said sources close to the matter.
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China’s central bank will hold on to its 'neutral and prudent' monetary policy, the central bank of Pakistan encourages businesses to trade with China in renminbi, and the Chinese currency regains its position as the sixth most used global payments currency.
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Bank of China Hong Kong has appointed a long-serving employee of the group as its new chief executive.
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Chinese conglomerate Citic has named banks to lead its first dollar bond sale of the year.
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A 30-year banking veteran has joined Standard Chartered to lead one of the most important regions for the firm’s corporate and institutional banking strategy.
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Guangdong province-based Huali University Group filed a draft IPO prospectus with the Hong Kong bourse this week, following a stream of Mainland private education providers that listed in the city in 2017.
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Swire Properties is set to become Asia ex-Japan's first issuer of international bonds in the new year, opening books for a 10 year dollar green deal on Wednesday morning.
