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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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Bankers in China have raised concerns around regulating Ant Group, which is gearing up for a mammoth dual listing in Hong Kong and the Star board. Although the Alibaba Group Holding-backed firm calls itself a technology company, a big chunk of its revenues come from the financial sector — creating headaches due to the absence of a cohesive regulatory framework for such companies. -
Chinese smart electric vehicle maker Nio has raised $1.5bn in fresh equity after increasing its follow-on offering of American Depository Shares (ADS).
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Property manager China Resources Mixc Lifestyle Services is planning an IPO on Hong Kong’s stock exchange, getting the ball rolling with an application to the bourse this week.
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Vietnamese mobile device retailer Mobile World Investment Corp has made a rapid return to loans for another $100m.
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Hong Kong property developer Nan Fung International Holdings returned to the market with a $500m fixed-for-life perpetual bond in a bid to manage its liabilities and score lower interest rate for its debt.
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Modern Land (China) Co received an 18 times oversubscribed book for a $100m tap of two of its green bonds, as investors threw their weight behind the Chinese property developer’s deal.
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