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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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China-based Daqo New Energy Corp, which makes silicon wafers for solar cells, has bagged $110m after pricing its follow-on of American Depository Shares (ADS) at the bottom of guidance.
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Summit Power International has opened books for the first IPO of a Bangladeshi firm in Singapore, hoping to raise $260m.
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Tucker Highfield, Credit Suisse’s head of equity syndicate for Asia ex-Japan, has left the firm to join Bank of America Merrill Lynch, according to sources.
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Citi has appointed one of its most senior bankers Angel Ng as head of Hong Kong and Macau, according to a press release on Friday.
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China Jinmao Holdings hit the Panda market for the first time in 2018 on Wednesday, raising Rmb3bn ($476.9m). The three year bond priced just one basis point above a Panda of the same tenor sold by another real estate issuer a week earlier.
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The European Investment Bank is preparing a new product: Sustainability Bonds, which will complement its Climate Awareness Bonds.
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