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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 new securities joint venture is set to be established under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), with six companies joining hands to form Yuegang Securities. -
The founder of JG Summit pared his stake in the Philippine conglomerate on Wednesday, raising a larger than planned Ps11.70bn ($250.75m) in the country’s biggest accelerated share sale in two years.
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The former head of structured finance, commercial real estate and corporate advisory at Hang Seng Bank has resurfaced at First Gulf Bank.
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Eco World International is close to sealing a deal to bring in GuocoLand Malaysia as both a cornerstone and strategic investor in its $500m Malaysia IPO, said bankers on the trade.
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The US has finally engaged with the internationalisation of the renminbi after years of stubbornly ignoring the currency’s rise. Market participants have welcomed the Rmb617m ($94.15m) worth of instruments issued by the New York branches of Agricultural Bank of China (ABC) and Industrial and Commercial Bank of China (ICBC), but say the developments are long overdue. Rev Hui reports.
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Aircraft leasing firm BOC Aviation has raised HK$8.7bn ($1.1bn) from its IPO after a flood of orders from institutional and Hong Kong retail investors.
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