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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’s Zhengzhou Zhongrui Industrial Group has sold a two year bond, making the unusual move of tightening pricing after releasing guidance at a fixed level. The issuer raised a small $85m, but still outdid some of its peers. -
Chinese auto rental company Car made its debut in the offshore renminbi bond market on Monday, but had to settle for a modest deal size in exchange for an aggressive price.
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China’s Agile Group Holdings and Taizhou Huaxin Pharmaceutical Investment Co reopened their old bonds on the back of some anchor orders on Monday, in an attempt to use as much of their fundraising quotas as possible before the end of the month.
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Chinese live mobile streaming platform Inke is looking to float in Hong Kong, filing a draft prospectus with the city’s stock exchange.
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Hong Kong’s Securities and Futures Commission (SFC) has asked IPO sponsors in the city to improve their standards, after discovering a number of compliance failures in their work.
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Citi has appointed Jan Metzger as the new head of corporate and investment banking for Asia Pacific, replacing Mark Slaughter.
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