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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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  • C C Land Holdings is planning a rights issue worth HK$2.65bn ($341.35m) to top up its working capital after it bought London's iconic Leadenhall Building, also known as the Cheesegrater.
  • The Bond Connect scheme allowing foreign investors access to the Mainland bond markets will materialise in 2017, Chinese premier Li Keqiang announced during a press briefing on March 15.
  • UBS has poached a senior banker from Goldman Sachs to head China advisory sales for its joint venture in the Mainland, according to a memo seen by GlobalCapital Asia.
  • Canada-based asset manager Manulife became the first foreign investor to obtain its investment wholly foreign-owned entity (WFOE) licence on March 15, the firm said in a statement.
  • Oversea-Chinese Banking Corporation (OCBC) stepped into the euro covered bond market for the first time with a well received €500m deal that capitalised on strong technical demand in the five year part of the curve.
  • You wait for one and then three come along at once. A trio of major Chinese technology firms have approached the loan market for funding said to be in a region of a combined $13bn, GlobalCapital Asia understands.
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