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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 Republic of Indonesia’s maiden green sukuk last week was a landmark for green finance, becoming the first green sovereign issue in Asia, and one of just a handful globally. Indonesia deserves to be lauded for its efforts, but it’s too soon to judge the country by its one green financing exercise — especially as the nation is far from environmentally friendly.
  • SK Lubricants has submitted its initial application for a potential W2tr ($1.9bn) IPO in South Korea, according to a regulatory filing.
  • China Boqi Environmental Holdings has kicked off bookbuilding for its up to HK$908m ($116.1m) Hong Kong IPO, supported by a handful of anchor orders and a single cornerstone investor.
  • Senior fixed income banker Michael Luk has joined CLSA as global head of debt capital markets, after a one year stint with the Singapore Exchange.
  • TP ICAP, the inderdealer broker, on Monday revealed that it has promoted from within and made new hires for its institutional services division.
  • Two Indonesian finance companies that serve customers in the automobile sector have launched deals in quick succession.
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