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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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  • Kyobo Life Insurance Co and Korea Hydro & Nuclear Power Co have mandated banks for new dollar outings.
  • Qingdao Lidong Chemical Co, a unit of petroleum products company GS Aromatics, is seeking a $60m loan in general syndication.
  • South Korea's Nonghyup Bank is readying investors for its annual dollar bond.
  • Zhongyuan Bank has begun fielding interest for its Hong Kong IPO, which is set to raise around $1bn, according to a banker close to the deal.
  • Thailand’s PTT Exploration and Production is chasing a potential dollar deal, with an international roadshow beginning on Monday.
  • Tradeweb becomes Bond Connect’s first foreign trading platform provider, both northbound and southbound fund flows of the Mutual Recognition of Funds scheme pick up speed in May, and the State Administration of Foreign Exchange (Safe) plans favourable FX policy for Chinese companies investing in Belt and Road projects abroad.
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