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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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  • Indian lender Yes Bank has won approval from shareholders to raise up to $1bn in fresh capital through a variety of methods, including a qualified institutional placement (QIP).
  • Bank of China Group Investment (BOCGI) is returning to the Panda market after a year-long absence. Unlike the last transaction, the issuer will sell the bond on the Shanghai Stock Exchange, instead of the interbank bond market, marking its first outing on the exchanges.
  • Jiangxi Bank Co has kicked off a week-long roadshow for its up to HK$7.8bn ($992.9m) Hong Kong IPO, set to be the second largest listing in the city so far this year.
  • Future Land Holdings Co raised $200m from a slightly unusual 3.75 year bond on Tuesday, but found investors distracted by the landmark Trump-Kim summit in Singapore.
  • The Securities and Exchange Board of India has convened a high-powered group of financial markets experts as it considers overhauling a ban on the country's companies listing offshore.
  • New York Stock Exchange-listed Sea, an online gaming firm, is bookbuilding for its debut convertible bond worth some $400m.
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