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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 Dewan Housing Finance held a non-deal roadshow in Taipei on December 9 just a few weeks after sealing an offshore dollar loan.
  • The People’s Bank of China (PBoC) has suspended the Renminbi Qualified Domestic Institutional Investor (RQDII) investment scheme after giving 'window guidance' to onshore custodian banks, two sources have told GlobalRMB.
  • The RMB seems set to weaken further despite the IMF's decision to give the currency reserve status on November 30. However, experts agreed a weaker RMB will not stop it from gaining ground as a global currency.
  • Chinese brokerage house Everbright Securities is eyeing a listing in Hong Kong, having filed a preliminary prospectus on Tuesday with the city’s bourse.
  • China Construction Bank (CCB) has launched what is most likely to be the last high profile bond of the year in Asia, opening books for a dollar-denominated additional tier one offering on December 9.
  • In a showpiece for China’s reform of its state-owned firms, Postal Savings Bank has raised Rmb45.1bn ($7bn) from pre-IPO investments, bringing in a marquee list of 10 strategic investors.
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