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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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Chinese technology company Tsinghua Tongfang Co hit the market on Thursday in a desperate attempt to use its offshore regulatory approved fundraising quota before it expires at the end of March. While the issuer managed to raise $300m, the transaction was a rough one.
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Baidu managed to raise $1.5bn from a dual-tranche bond on Thursday, but a choppy market backdrop meant the notes took a battering in the aftermarket.
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Deutsche Bank has appointed Lok Yim as chief country officer for Hong Kong, succeeding Peter Lo who is retiring from the German bank after 15 years.
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Beijing Jingneng Clean Energy has launched a $220m green loan into syndication, the first of its kind for the company.
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China Renaissance has brought in ECM banker Dennis Leung as a managing director, investment banking, based in Hong Kong.
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Mainland online credit card manager 51 Credit Card submitted a draft IPO prospectus to the Hong Kong Stock Exchange on Thursday.
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