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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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Wisdom Education International Holdings Co is set to start taking orders for its Hong Kong IPO on Thursday and is eyeing up to $150m, according to a banker close to the transaction.
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Indonesia’s tiff with JP Morgan has brought the country unwelcome attention. While it is right to protect its own markets from instability, doling out punishments to the US bank undermines its reputation as a sophisticated, transparent country — qualities that could deter the international investors it has so successfully attracted.
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CT Corp company Trans Retail, which had been in discussions with banks for a fresh financing since late last year, is on the verge of signing the deal.
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New Silkroad Culturaltainment has wrapped up a HK$1.5bn ($193.4m) open offer, with orders barely covering over a third of the transaction, according to a filing with the Hong Kong Stock Exchange on Monday.
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Standard Chartered has appointed a new head of bond syndicate for Asia, a spokesperson at the bank told GlobalCapital Asia on Tuesday.
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Nomura has made two senior hires in Hong Kong, creating new positions in equity sales trading and prime finance, according to separate memos seen by GlobalCapital Asia.
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