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Executive is moving to more senior role
India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
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Chinese ride-hailing giant Didi has raised $4.4bn from its New York Stock Exchange IPO, increasing the size of the float after investors pumped more than $40bn of orders into the book.
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An exciting rebound in the flow of China-into-US listings took an unexpected hit last week when online grocery start-up, Missfresh, plummeted on the first day of trading. While this is worrying, investors are still positive around these IPOs.
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SAIC-GMAC Automotive Finance Co is continuing its run of deals in China’s auto loan ABS market. It is now on its fourth outing of the year, with plans to price the Rmb10bn ($1.55bn) transaction on Thursday.
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Rajeev Sahney, head of global banking Southeast Asia at HSBC, is retiring, according to an internal memo seen by GlobalCapital Asia.
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Hong Kong jewellery company Chow Tai Fook has received strong support for its latest loan, allowing it to almost double the deal size.
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The oil-rich nation took a blow from the global pandemic, but Kazakhstan is getting back on track
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