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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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India’s Ujjivan Financial Services has bagged Rp8.8bn ($132.3m) after pricing its listing at the top of its marketing range, in line with the level where investors placed the bulk of their orders. -
Standard Chartered has promoted Aaron Gwak to head Asean capital markets.
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Yadea Group Holdings has opened books for its HK$1.86bn ($239.69m) IPO in Hong Kong, with the electric vehicle maker signing on $30m worth of commitments from two cornerstones.
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A HK$9.7bn ($1.25bn) sell-down in Chinese insurer PICC Property and Casualty Co last weekend has injected some welcome activity into Asia’s block market, which has seen limited business since the start of the year. The success of the deal in the primary and the secondary market is expected to inspire potential sellers to take action. Jonathan Breen reports.
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Despite my busy post-retirement schedule of keeping up with Tai Tai and holding marathon drinking sessions at my favourite watering holes, I found time recently to attend one of those big investment conferences in town.
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Sri Lanka needs to overcome China-phobia by convincing people that it can develop a relationship with its larger neighbour that is now seen as over-reliant
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