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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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Defaulted bond issuer Kangde Xin Composite Material Co is expected to be delisted from the stock exchange of Shenzhen next month, a move that will end an over two year probe by Chinese regulators into the company. -
Chinese electric vehicle maker Li Auto has launched its debut convertible bond, aiming to raise $750m amid a rebound in US stock markets.
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Hong Kong Broadband Network has returned to the loan market for a HK$5bn ($643m) deal for refinancing.
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Three banks jumped into the euro senior market after the Easter break on Tuesday, benefitting from stable demand and printing with low new issue concessions.
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Linklogis has priced its Hong Kong IPO above the mid-point of the price guidance, netting HK$7.96bn ($1.02bn), according to a source close to the deal.
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Singapore’s stock exchange has launched a consultation about proposed rules on special purpose acquisition companies.
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