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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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  • Fantasia Holdings Group launched a three year dim sum this morning in a deal that reopens the high yield offshore RMB bond market for Chinese issuers for the first time since August.
  • China Construction Bank plans to begin trading derivatives and bonds in Singapore, having teamed up with Singapore Exchange to promote the island state’s capital markets to Chinese companies.
  • In perhaps another sign that there will soon be an announcement on the Shenzhen-Hong Kong Stock Connect, China Exchanges Services Company (CESC) has said its cross-border equity index will be revamped to include shares from the Mainland’s second stock exchange.
  • Six lenders have joined a $50m two year borrowing for the Cambodian arm of Vietnamese telecommunications company Viettel.
  • China Renaissance has been given the thumbs up to set up a Mainland securities joint venture by the China Securities Regulatory Commission (CSRC).
  • An overzealous pricing strategy and a divisive credit rating meant JD.com’s debut dollar bond offering did not get off to a good start with the notes widening significantly in the secondary market on Monday.
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