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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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In this round-up, China warned Hong Kong’s Cathay Pacific Airways amid intensifying protests in the city, Hengfeng Bank received state backing after Baoshang and Jinzhou moves and the offshore Chinese market experienced the largest outflows since March -
Dongxing Securities Co leaned on the support of 19 lead banks to close its $400m bond return against a difficult market backdrop.
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In this round-up, China’s positive trade data despite the trade war surprised markets, trading volume in USD/CNH futures hit new highs thanks to the weak renminbi, and the Mainland’s foreign currency reserves fell after two months of growth.
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In this round-up, hostility between China and the US continued, the State Council unveiled rules on the Shanghai Free Trade Zone and Beijing said it would intervene if the Hong Kong government fails to calm down the recent unrest.
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India's Yes Bank is aiming to raise up to Rp19.4bn ($275m) from a qualified institutional placement, according to a source familiar with the matter.
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Changde Economic Construction Investment Group Co, a local government financing vehicle in China’s Hunan province, priced its debut international bond on the back of strong anchor support, in a week where both issuers and investors treaded carefully.
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