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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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Indonesian high yield property companies are continuing to come under fire, with Alam Sutera becoming the latest to be hit with a downgrade due to bond refinancing concerns. -
Chinese property developer Tahoe Group has defaulted on a third domestic bond in 30 days, as uncertainty remains over whether a tie-up with its peer China Vanke Co would eventually go ahead.
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Melco Resorts Finance tapped its 5.75% 2028 notes on Tuesday, adding another $350m to the trade.
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Alibaba Health Information Technology has sealed Hong Kong’s largest primary follow-on in five years, navigating concerns over high valuations to increase the size of the deal to HK$10bn ($1.29bn).
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India’s HDFC Bank has picked a successor to chief executive Aditya Puri, who will retire at the end of October.
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Hong Kong real estate company Swire Properties has raised a HK$1bn ($129m) green loan to make some of its projects more eco-friendly.
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