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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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State-owned Vietnam Engine and Agricultural Machinery Corp has clinched an IPO worth D2.1tr ($95.8m) after selling shares on the Hanoi Stock Exchange, according to a disclosure with the bourse.
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An improvement in global risk sentiment has helped steepen the CNY curve this week but sources expect weakness in upcoming domestic data to limit scope for further steepening from current levels, writes Deirdre Yeung of Total Derivatives. -
Jiangsu NewHeadLine (NHL) Development Group bagged $100m on Monday with a tap of its existing $200m 6.20% 2019s, seizing one of the last windows of issuance before a busy September begins.
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China Mengniu Dairy has added seven members to the syndicate of lenders for its $200m fundraising.
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Action in the Asia ex-Japan dollar bond market picked up a notch on Tuesday with a number of issuers launching transactions.
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Nasdaq-listed China XD Plastics Co has signed a $180m two year financing after a senior syndication phase that lasted a month.
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