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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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  • Compart Systems, a high precision metal components maker, has returned to the loan market to refinance an old borrowing from 2016, which was used to support its buyout by Platinum Private Equity.
  • Ant Group has taken a step closer to pulling off what is expected to be the world’s largest ever share offering, submitting IPO applications in Hong Kong and Shanghai on Tuesday.
  • Yidu Tech, a Chinese technology-based healthcare provider, is seeking approval for a Hong Kong IPO.
  • Leveraged finance bankers in Asia are counting on the possible delisting of a host of Chinese companies from the US to give a fillip to the region’s dollar loan market this year. But bankers should temper their expectations.
  • Ant Group, Alibaba’s fintech arm, has wrapped up a 10-day ‘pre-listing tutoring’ process for its A-share debut on the Shanghai Star board, paving the way for its hotly anticipated Hong Kong and China dual listing.
  • Chinese bottled water and beverage company Nongfu Spring has opened books for its HK$8.35bn ($1.08bn) IPO of H-shares on the back of support from state funds in the Mainland and Singapore.
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