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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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Hengan International has sold a second Panda bond linked to combatting the Covid-19 pandemic, with 10% of the deal proceeds earmarked for buying raw materials used to produce face masks.
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In this round-up, the reserve requirement ratio cut in China went into effect on Monday, the country’s industrial output declined sharply in the first two months of the year, and the State Administration of Foreign Exchange lifted the cap on outstanding foreign debt of Chinese issuers.
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In this round-up, the central bank will lower banks' reserve requirement ratio on Monday, Chinese president Xi Jinping made his first visit to epicentre Wuhan since Covid-19 began, and the central bank and securities regulator promised more bond market reform.
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Singapore hard disk drive company MMI International is looking to amend and extend an old loan ahead of a looming maturity, as it faces pressure on its financials.
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Deutsche Bank has hired Alexandra Yang from Nomura to lead its China sponsor coverage team.
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Property developer New World China Land has closed a HK$6.85bn ($880m) loan, attracting nine participants during syndication.
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