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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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  • A renminbi-denominated oil futures contract could launch in 2018, a move that may reshape the global commodities market, according to industry experts.
  • Hisense (Hong Kong) Co, a consumer electronics maker and supplier, has wrapped up its maiden $300m international loan, finding demand from a 10-strong syndicate group.
  • Chinese local government financing vehicles (LGFV) Huzhou City Investment Development Group Co and Urumqi Gaoxin Investment and Development Group Co hit the market with dollar deals on Wednesday.
  • Xinjiang Goldwind Science & Technology, a Chinese wind turbine manufacturer, is making its debut in the offshore loan market with a $300m fundraising.
  • China Orient Asset Management Corp launched a multi-tranche fixed and floating rate dollar transaction on Wednesday morning.
  • Bank of Chongqing Co started bookbuilding for its Basel III compliant additional tier one dollar bond on Wednesday, adding to a sector that has seen plenty of action this year.
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