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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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Taiwan’s Ministry of Finance has reportedly asked state-owned banks to take six steps to avoid lending to companies that will end up defaulting. Some of these steps are obvious, others are impractical — and all of them are unnecessary. -
Chinese toy company Pop Mart International Group has launched its IPO, looking to fund expansion with up to HK$5.2bn ($674m) in fresh capital.
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Singapore banking veteran Eric Lian has returned to UOB in a senior position after a stint at OCBC.
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Genius Auto Finance Co, a joint venture between Geely Automobile Holdings and BNP Paribas Personal Finance, is readying a Rmb4.04bn ($614m) Generation 2020-4 retail auto loan securitization. Pricing is expected later this week.
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Chinese firm Dada Nexus has launched a follow-on offer of its Nasdaq-listed American depositary shares (ADS). The deal could raise around $521.6m.
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The Executive Centre, the Hong Kong-based co-working space operator, has relaunched its $180m five year loan after suspending syndication earlier this year owing to the outbreak of Covid-19.
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