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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 Singapore Exchange is at the final consultation stage for dual-class share listings, seeking feedback on safeguards against entrenchment risks, according to a document released on Wednesday.
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Chinese government-owned Shougang Group Co spotted an opening in the debt market on Wednesday to execute an opportunistic $500m trade. It opted for a short tenor to speed up the process, while also satisfying investors’ preference for shorter-dated notes.
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China’s National Development and Reform Commission (NDRC) and Hong Kong have signed an economic partnership agreement, solidifying Hong Kong’s role in the Mainland’s international fundraising activity.
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International investors have long been forced to focus on the short end of the credit curve and government securities in China given the lack of tools to evaluate risk. But that could change with the relaxation of foreign credit rating agencies’ business scope in the country, market participants told the Euromoney China Debt Capital Markets Summit on Wednesday.
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Chinese smartphone and laptop maker Lenovo Group has sealed a $1.5bn borrowing from 21 lenders, according to bankers.
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The Asian green loan market is finally starting to take shape, with a handful of borrowers approaching banks for fundraising. It’s still early days but there are huge opportunities for growth. Rashmi Kumar reports.
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