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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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  • GF International Investment Management has promoted Tom Ding to the position of chief executive officer, the Chinese asset manager announced last Friday.
  • Only one lender is understood to have made a commitment to join China Shengmu Organic Milk’s $120m three year facility, which has been in syndication since December.
  • Maybank has hired Naguib Hussin from CLSA for its equity capital markets desk in Malaysia. He replaces Norly Khalim, who has transferred to another department within the Malaysian lender.
  • South Korea’s Samsung BioLogics is set to send out a request for proposals for its IPO, which is likely to launch by the end of 2016, according to market sources.
  • In this week’s round-up, Taiwan report rise in RMB deposits, investors hand back QFII quotas, JP Morgan Asset Management launches three MRF funds, calls for China to communicate better from Ben Bernanke and Christine Lagarde. Plus, a recap of GlobalRMB's top stories this week.
  • Korea Exchange has put together a group of specialists to help attract blue chip companies from Indonesia and Vietnam to list in South Korea.
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