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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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China’s Xtep International Holdings and Suning Financial Services have closed their respective offshore borrowings. -
The Chinese regulators are looking to give the country’s secondary loan market a boost by encouraging banks to use one of their platforms to trade deals. While secondary loan trading has become easier, there are still many hurdles to overcome, say experts.
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Aluminium Corporation of China (Chinalco) made a grand market return on Wednesday, sealing a $750m perpetual bond on the back of a book that reached $8bn at its peak.
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Chinese city commercial bank Bank of Jinzhou plans to cancel coupon payments on its dollar additional tier one bonds for a year, the first such case from a mainland lender. The “shock” move from the beleaguered firm could shake investors’ risk appetite for bank capital deals from the country, writes Morgan Davis.
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Shanghai International Port Group (SIPG) has made a quick follow-up to its dollar market debut, rolling out a new dual-tranche deal less than two months after it sold its maiden bonds.
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I’ve said it before and I’ll say it again: these Millennials are too sensitive.
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