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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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A mix of local politics and broader market developments may gradually strip Hong Kong of its role as the cutting edge centre for renminbi internationalisation. But that is probably a good development, at least as far as China’s longer-term strategy is concerned.
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Indian Oil Corp, is looking to refinance a $300m bridge loan, having picked Citi and DBS to supply it three months ago for an acquisition.
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The US stock market and the dollar have been falling since last week, as fears have grown that Donald Trump might win the US presidency in Tuesday's election.
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The Hong Kong Securities and Futures Commission has fired a warning shot at banks, with both Standard Chartered and UBS being investigated for their roles as IPO sponsors. The move has left other banks wondering which one will be next and comes at a time when the IPO market is teetering. John Loh reports.
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ECM bankers in Hong Kong are playing the blame game after a string of recent IPOs disappointed in secondary, fuelling angst among hedge funds and fears that this could hurt the year-end pipeline.
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