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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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  • Alphamab Oncology, a Chinese biopharmaceutical company, kicked off pre-deal investor education for a potential $250m IPO on Monday after gaining approval to list from the Hong Kong Stock Exchange.
  • Citi has named Ken Chow and Udhay Furtado as co-heads of Asia equity capital markets, according to an internal memo seen by GlobalCapital Asia.
  • Beijing Properties (Holdings) has returned for a $100m borrowing and a source close to the situation said syndication is unlikely to be difficult, despite some banks being averse to lending to the real estate industry.
  • China Development Bank Financial Leasing is returning to the offshore loan market via sole mandated lead arranger and bookrunner, China Construction Bank (Asia).
  • CDP Holdings, a human capital management firm, is planning to list American Depository Shares on the New York Stock Exchange to raise up to $125m.
  • Two unrated Chinese local government financing vehicles (LGFVs), Danyang Investment Group Co and Zhenjiang Cultural Tourism Industry Group Co, came to the dollar market last Friday for a combined $435m.
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