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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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  • Fertiliser producer Dongguang Chemical is planning to list its shares in Hong Kong, according to a draft prospectus filed with the city’s bourse on Monday.
  • Real estate investment company MYP is looking to seal a S$188.7m ($133.5m) rights issue in order to help fund its acquisition of the Straits Trading Building in Singapore.
  • Nomura has tapped James Pearson as head of FIG for Asia ex-Japan, based in Hong Kong, poaching him from Standard Chartered.
  • Chinese sportswear manufacturer Xtep International Holdings is looking to tie up a $100m amortising loan, having enlisted a Hong Kong lender to arrange it. Xtep has sold syndicated loans in the past but is reaching out to a smaller group of banks this time.
  • Credit Suisse has hired Rick Meng to run its onshore China private bank, handing him a critical role as it seeks to add hundreds of wealth advisers in Asia Pacific.
  • Diesel engine maker Weichai Power has approached the loan market for a €310m ($334m) five year borrowing via ANZ.
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