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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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  • Volkswagen Financial Services completed its fifth, and to date largest, Chinese auto loan asset-backed securitization fetching Rmb4bn ($581m) from its Driver China five transaction on Tuesday.
  • Oversea-Chinese Banking Corp has become the last of the three big Singaporean lenders to pave the way for a covered bond, announcing a $10bn programme on Wednesday.
  • Shaanxi Xixian New Area Fengxi New City Development and Construction (Group) Co was the lone name out in the Asia dollar debt market on Thursday following a frenzied start to the week.
  • Hong Kong’s Dah Sing Bank raised $250m from a tier two deal on Tuesday, finding support from investors that were familiar with its credit.
  • Ping An Real Estate raised $300m in its debut deal, relying on the security of anchor investors before opening its trade on Tuesday morning.
  • Selfie touch-up app Meitu is just days away from launching what will likely be the largest technology listing in Hong Kong since 2007, having started feeling out demand for a $750m IPO.
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