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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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Chinese biotechnology company InnoCare Pharma’s shares surged over 10% on their Monday debut, following an online opening ceremony for the HK$2.2bn ($288.7m) listing in Hong Kong. -
Cambodia’s Acleda Bank has set the share price for its IPO after two roadshows events, but has extended the subscription period to accommodate the government’s coronavirus containment measures.
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Asia’s sustainability-linked loan market has expanded further with a real estate investment trust raising funds linked to the global real estate sustainability benchmark (GRESB), a first for the region.
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In this round-up, countries around the world have confirmed 14,641 deaths from Covid-19 infections, the coronavirus epicentre of Wuhan is gradually loosening its lockdown, and the New Development Bank is giving China its largest loan.
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Barclays has named Carrie Chen as vice chairman of Greater China banking and Sung-Min Chung as head of technology in banking for Asia Pacific.
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In this round-up, Europe has now seen more Covid-19 infections than China and Italy more fatalities than the Mainland, the central bank has decided not to lower the loan prime rate (LPR), and Beijing has banned reporters from three US newspapers.
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