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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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  • The impasse at Bandhan Bank looks set to be resolved after the Indian markets regulator waived its lock-up requirement for newly-listed firms, allowing the lender to comply with central bank demands for it to sell shares.
  • China's Jiayuan International Group made any unusual move by coming to the bond market on Friday last week, for the refinancing of a November maturity.
  • Innovent Biologics launched its Hong Kong IPO on Monday to raise HK$3.3bn ($422.2m), with over 60% of the shares already sold to a large contingent of cornerstone investors — many of them double-dippers.
  • India’s Emami Cement is planning an IPO that could raise up to Rp10bn ($135.3m), having filed a draft prospectus with the country’s securities regulator.
  • Southeast Asian countries are ready to boost sustainability bond issuance, thanks to new regulatory initiatives in the region.
  • Taiwan’s Mei Ta Industries has returned to the offshore market after three years for a €220m ($254m) dual tranche borrowing.
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