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Emerging Markets

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◆ Iran peace deal in sight but where are the Middle East issuers? ◆ Why primary capital markets will be slow adopters of DLT ◆ Why French covered bond issuance has slowed and why it might pick up
Recently departed banker to resurface in Asia
Investors were impressed with how the region's issuers have dealt with the crisis

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  • The Shanghai Stock Exchange (SSE) has published statistics of the companies that have applied for and listed on the Star board since its launch, giving market participants a closer look at the firms that the bourse has attracted.
  • The Ministry of Finance of the Lao PDR is inviting banks to join a €135m five year loan that Credit Suisse pre-funded in June.
  • India’s PNB Housing Finance is breaking a five-year absence from the loan market, launching a new $75m deal into syndication.
  • Hong Kong-based small appliance maker JS Global Lifestyle Co has kicked off pre-deal investor education for its listing on the stock exchange, according to a source familiar with the matter.
  • China’s Star board, the local version of the US Nasdaq, has great potential to highlight the country’s move towards reforming its IPO market — if it’s done right.
  • Goldman Sachs has rejigged the senior leadership of its Asia ex-Japan mergers and acquisition team, according to internal memos seen by GlobalCapital Asia.