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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 Renaissance Group and ICBC International Holdings this week unveiled a partnership to provide financial services across mainland China, Hong Kong and the US.
  • General Insurance Corp of India (GIC Re) has started inviting banks to pitch for a role in its IPO, making it the first state-owned insurer to issue a request for proposals.
  • Guotai Junan Securities Co has hit the road with its HK$16.5bn ($2.1bn) IPO, set to be the largest listing in Hong Kong since Postal Savings Bank of China’s mammoth HK$58bn float last year.
  • Chinese issuers Fujian Yango Group and Tewoo Group Co, alongside Fullerton Healthcare Corp from Singapore, are wooing investors for their respective dollar bonds with roadshows set to take place this week.
  • KEB Hana Bank and Huantaihu International Investment Co ventured out to the dollar debt market on Monday morning, as 10 year US treasury yields slid to 2.37%.
  • JP Morgan’s head of ECM for Asia ex-Japan David Suen has left after close to a decade with the US bank, according to an internal memo seen by GlobalCapital Asia.
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