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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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  • Hope Education Group’s Hong Kong IPO has been swamped by investors, with the HK$3.2bn ($408m) fundraising covered across the price range by Tuesday evening.
  • Nonghyup Bank returned to the dollar market on Monday, making the most of an improvement in investor sentiment. The South Korean bank was able to price its new bond with little to no new issue premium.
  • Credit Suisse has hired Andy Tan, a former United Overseas Bank loans banker, as head of syndicate for Southeast Asia in its Asia Pacific financing group (AFG).
  • China's Viva Biotech Holdings is planning to float on the Hong Kong Stock Exchange, having filed a draft prospectus with the bourse on Monday.
  • GLP rode the wave of bullish sentiment engulfing China’s bond market to pocket Rmb1.5bn ($223.7m) from a Panda issuance last week, returning to the interbank market. The issuer is already planning a follow-up.
  • Chinese e-commerce start-up Pinduoduo is set to price its US listing at the top of guidance after a flurry of demand towards the end of its roadshow, according to a banker working on the deal.
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