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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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iDreamSky Technology Holdings, a Chinese mobile games publisher, started investor education on Monday for its flotation in Hong Kong. -
The People’s Bank of China has warned that companies such as China Evergrande Group, Fosun International and HNA Group can pose major risks to the country’s financial sector. But even before being singled out by the central bank, these companies have struggled in the offshore capital markets.
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China Risun Group, a coke and chemicals producer, is planning to float on the Hong Kong Stock Exchange.
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Guangzhou R&F Properties is paving the way for its largest equity fundraising, seeking shareholder approval for a HK$10.7bn ($1.4bn) H-share placement.
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The Malaysian government is hoping to raise MR4bn ($959m) by selling a 30% stake in a planned airport real estate investment trust.
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FX and equity markets jump as a possible US-China trade deal is back in sight, Chinese president Xi Jinping promises more developments on free-trade zones and a registration-based stock system, and the Dubai International Financial Centre takes action to expand Chinese institutions’ access to the Middle East Africa and South Asia (MEASA).
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