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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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  • Techcombank priced Vietnam’s largest ever IPO this week at the top of guidance, raising D21tr ($922m).
  • Karen Pang, an equity-linked banker based in Hong Kong, has left BNP Paribas for a new role in Deutsche Bank, according to two sources with knowledge of the move.
  • Credit Suisse’s Asia Pacific unit reported first quarter results that were markedly better than last year as the bank’s struggling markets business turned around and cost cutting bore fruit.
  • Metallurgical Corporation of China (MCC) was one of a number of Chinese state-owned enterprises to sell bonds in the international market this week, bagging $500m from the first senior perpetual deal in the region in more than a month.
  • The Hong Kong Stock Exchange will start taking IPO applications from April 30 under its new regime to encourage technology listings.
  • We so-called 'gweilos' in Hong Kong — a common Cantonese slang word for Westerners — sometimes find ourselves in a love-hate relationship with the food on offer here.
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