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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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  • Zhenjiang Cultural Tourism Industry Group wrapped last week's busy period in Asia ex-Japan debt capital markets with a three year offering.
  • Chinese and Hong Kong authorities have finally agreed on a December 5 launch date for the Shenzhen-Hong Kong Stock Connect — just over two years after the launch of the Shanghai Connect. Here is GlobalRMB’s lowdown on what you need to know about the upcoming initiative.
  • In this Monday round-up, Shenzhen gets connected, the RMB stabilises and China capital outflows in the spotlight.
  • Fitch believes the Chinese covered bond market could prove a viable new source of funding for its banks, but suggests that a legal framework would offer a more sustainable approach for the development of the market.
  • Overseas Chinese Banking Corporation will choose euros as its strategic currency of choice for covered bonds, according to chief financial officer, Darren Tan, who spoke to GlobalCapital along with OCBC group’s chief executive officer, Samuel Tsien.
  • The Shanghai branch of the People’s Bank of China published today a comprehensive list of foreign entities that have obtained direct access to the China interbank bond market (CIBM).
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