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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 property company Evergrande Group’s dollar bonds have plummeted in the secondary market, following news that regulators are scrutinising the borrower. The effect has been far-reaching — dampening sentiment for other high yield real estate bonds and putting both investment bankers and investors on guard. Morgan Davis reports.
  • Countries around the world are announcing all kinds of incentives to encourage people to get vaccinated. But access to alcohol may offer the most appeal.
  • JPM appoints Xu to lead fintech IB — MUFG names China corporate banking head — Deutsche hires senior banker in Pakistan
  • Chengdu Quanyuantang Pharmacy Chain has started laying the foundation for its Hong Kong IPO, filing initial listing documents with the bourse this week.
  • Hong Kong department store chain Lifestyle International Holdings returned to the debt market this week after a two-year break to raise $350m.
  • Two Indian companies will be testing investor appetite for their IPOs on Monday next week, as the country continues to battle a recent surge in Covid-19 infections.
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