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In an age of abundant information and opinion, where much of it is wrong, smart investment bankers can still be valuable to clients by embracing the complexity
The subordinated debt premium was smaller than that offered by some other EM hybrid issuers
At London investor day, supranational reveals deals and plans for new funding and investments, including fully African project financing
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Bottled water and beverage company Nongfu Spring has taken advantage of a flood of demand from institutional and retail investors for its Hong Kong IPO to price the HK$8.35bn ($1.08bn) deal at the top of guidance.
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Yum China Holdings, a fast food restaurant franchiser, launched the roadshow for its secondary listing in Hong Kong on Monday to strong early momentum from investors.
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In this round-up, China’s official Purchasing Managers’ Index (PMI) for August misses expectations by a small margin, BlackRock becomes the first global asset manager to enter the mutual fund industry onshore, and the sale of TikTok’s US operations faces new challenges as Beijing tightens technology export controls.
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This week in Keeping Tabs: the prospect of financial repression in the UK, an easier passage for emerging market central banks, and Alphabet partnering up with Swiss Re.
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The administrator of Peking University Founder Group’s debt has decided not to recognise the dollar bonds that came with a keepwell deed and deed of equity interest purchase undertaking, a move that can have a ‘major impact’ on the region’s debt market.
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In this round-up, senior trade officials from China and the US hold ‘constructive’ talks, the securities regulator publishes the latest ratings for Mainland brokerages, and the Shenzhen exchange hopes to attract listings from companies with weighted voting rights (WVR).
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa