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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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  • China Everbright Bank Hong Kong has hired Zoie Teng from Shanghai Pudong Development Bank for a newly created position.
  • There is a lot of market interest in One Belt One Road, but there is little understanding of how OBOR’s financing will work, said Hong Kong’s secretary for financial services and the treasury KC Chan, who reckons the city will play a key role in bridging the knowledge gap.
  • Chicago-headquartered Kirkland & Ellis has poached a lawyer with 15 years of experience for its corporate practice in Hong Kong.
  • State-owned hydropower company China Three Gorges Corp is marketing its maiden international green bond denominated in euros. The firm raised Rmb6bn ($900m) from an onshore green outing two years ago.
  • The upcoming Bond Connect has generated a lot of interest, but not all market participants are pleased with China’s latest attempt to entice foreign investors, with some seeing the new scheme as a confusing addition to an already complex investment landscape.
  • China's Ministry of Finance announced on Tuesday that it will be issuing a total of Rmb14bn ($2.06bn) of offshore renminbi treasury bonds this year, and will also sell its first dollar deal in over a decade in the second half.
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