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Mizuho International has hired a managing director from Credit Suisse to take charge of its fixed income business. -
Credit Suisse has boosted its China equity research coverage, hiring 11 analysts to its Asia Pacific research team in recent months.
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China’s financial regulators publish rules to standardise asset management regulations, the Philippines confirms Bank of China for its Panda bond debut, and UBS Asset Management’s China arm launches the first onshore equity fund by a foreign asset manager.
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In a positive end to a volatile week in Asia, Moody’s upgraded India’s government rating to Baa2 from Baa3, the agency's first boost of the sovereign since 2004.
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The People's Bank of China (PBoC) conducted its largest weekly liquidity injection since January, the Stock Connect scheme celebrates its third anniversary this week, the Chinese authorities have extended a capital gains tax waiver, and Neuberger Berman was granted a private fund management licence for its China operation.
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A technical document designed to connect China’s green bond market with that of the Western world could also be a first step in building a globally coherent green bond market, in which bonds of different kinds are more comparable.
