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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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  • Barclays hires trio for China, Japan — JPM names new China vice-chair — Pan Asia loses primary dealer status in Sri Lanka — Asifma grabs equities head — Aberdeen Standard hires for WFOE
  • When a typhoon hit Hong Kong this week, junior bankers across the city scrambled to look frantically busy from the comfort of their sofas.
  • HDFC Standard Life Insurance Co is planning an offer-for-sale of secondary shares. The deal could be worth Rp100bn ($1.56bn) and is likely to hit the market in 2017, according to a banker working on it.
  • Online food products retailer Cofco Womai, backed by Chinese internet giant Baidu and Cofco Group, is planning to raise up to $600m through a Hong Kong IPO.
  • Sisram Medical has begun sounding out investors for its $200m IPO in Hong Kong after receiving listing approval from the city’s stock exchange, said bankers on the deal.
  • China Great Wall Asset Management attempted to reopen the Asian dollar debt market on Thursday with a triple tranche offering after a typhoon shutdown the market on Wednesday.
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