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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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One of the perks of working for a global bank is the possibility of a transfer to an office in a different country. A friend of mine recently had the good fortune, so it seemed, to move to the US. But alas, events conspired against him.
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Chinese data firm GDS Holdings has begun pre-marketing its $300m US listing with bookbuilding expected in the next two weeks. Logistics company ZTO Express has also chosen to float in the US.
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For the nine months through September, Morgan Stanley topped the Asia ex-Japan ex-onshore China ECM bookrunning league table with $9.41bn in deals, according to Dealogic. It was also the only bank with double-digit market share.
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A report from American think tank Atlantic Council is calling for China and Latin America to take better advantage of their trading links and improve the usage of renminbi on the continent.
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Export-Import Bank of Malaysia, which has doubled the size of its multi-currency medium term note programme to $3bn, is preparing to hit the road for a dollar deal.
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China Aoyuan Property has mandated banks to organise fixed income investor meetings to update the market on recent news about its credit.
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