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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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  • Siam Cement Group has set in motion a plan to list its packaging subsidiary, according to a filing with the Stock Exchange of Thailand.
  • Universal Scientific Industrial (Shanghai), a subsidiary of Taiwan’s Advanced Semiconductor Engineering, has increased its debut offshore borrowing to $420m-equivalent.
  • Vietnamese borrowers have kept loans bankers busy amid a broader slowdown in the syndication market. But the welcome they have received so far from lenders may cool down faster than expected.
  • Hyundai Capital America has priced a $800m three year bond alongside a $700m seven year, raising more than expected from its latest outing.
  • Chinese firms Lizhi and Phoenix Tree Holdings are each planning US IPOs of up to $100m, according to listing documents filed with the SEC.
  • Bitcoin mining hardware maker Canaan has ditched a listing in Hong Kong SAR in favour of the US, filing for an up to $400m IPO of American Depository Shares (ADS) on Nasdaq.
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