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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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  • E-House (China) Enterprise Holdings tapped its 7.6% 2023 bonds for an additional $100m on Wednesday, bringing the total deal size to $300m.
  • An unnamed shareholder has raised HK$2.65bn ($341m) from a sale of shares in Evergrande Property Services Group, sending the stock into a downward spiral on Wednesday.
  • Aluminium producer China Hongqiao Group has raised $500m from a bond that appealed to investors for its ‘surprisingly generous’ premium on offer.
  • Medical device maker MicroPort Scientific Corp has made its first visit to the equity-linked market, raising $700m from convertible bonds. A recent rally in the Hong Kong-listed issuer's share price meant it had to assuage price-sensitive investors, but still ended up seeing strong support for its deal.
  • Zhenro Properties Group visited the offshore bond market for the fourth time in 2021 this week, adding another $340m to its coffers.
  • China State Construction International Holdings (CSCI) sold a subordinated perpetual bond worth $500m this week.
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