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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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Barclays has appointed Anthony Davies as chief executive of the bank's Hong Kong branch, according to sources.
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Ping An Insurance Group is planning to list its brokerage unit on the Hong Kong Stock Exchange, according to a filing with the bourse.
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MSCI has once again highlighted the inability for foreign investors to move money freely in and out of China as a reason for leaving A-shares out of its Emerging Market Index. While the world’s second largest economy has moved quickly to reform other parts of its financial sector, market participants are divided about whether China will budge on capital controls.
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Pakistan’s equity capital market is set for a big boost from MSCI’s decision to return the country to emerging market status after a seven year hiatus, with bankers expecting foreign investors to pour into stocks.
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Reliance Big Entertainment US, part of India’s Reliance Anil Dhirubhai Ambani Group (Reliance ADAG), is tapping lenders for a $100m three year trade with one bank at the helm.
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Hotel Lotte could yet give a boost to South Korea’s equity capital markets by going live with its IPO by the end of 2016, announcing the possibility just days after it postponed its transaction.
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