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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 Forestry Group Corp and local government financing vehicles from Xinyi and Tieling are among the issuers waiting for a green light from the National Development and Reform Commission to sell foreign currency debt.
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Cathay United Bank has hired a senior banker from DBS to helm its corporate banking operations in Hong Kong.
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The Reserve Bank of India has further opened up investment into Masala bonds by allowing new types of investors to access offshore rupee notes.
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Chinese property developer Yanlord Land Group has rolled out its $600m dual-tranche financing into general syndication.
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In this round-up, the RMB is hangs on to its gains in the FX market, China sees RMB trade settlement sink to a four-year low, and Hong Kong Exchange (HKEX) is preps launch of offshore RMB (CNH) options contracts. Plus, a recap of our coverage this week.
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