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A double digit premium to the dollar curve lured in overseas buyers, who took a 'large chunk' of the bonds
Investors have lots of cash and are eager for new issuance
Investors are keen for new bonds and better rated borrowers may not want to issue in numbers
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Mainland online credit card manager 51 Credit Card submitted a draft IPO prospectus to the Hong Kong Stock Exchange on Thursday.
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A US presidential memo from Trump against China kicks off what could become a series of tit-for-tat tariff moves.
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India’s ICICI Securities covered nearly a third of its Rp40.2bn ($617.1m) IPO on the first day of bookbuilding, after the deal was launched with strong support from anchor investors.
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The head of the banking watchdog keeps his job after merger with insurance regulator, officials waive taxes on RMB-denominated oil futures for international brokers and investors, and Fitch says it is maintaining China’s sovereign rating thanks to positive growth and debt trends.
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Mainland firms Hope Education Group and Beijing Huatu Hongyang Education & Culture Corp are seeking the green light to launch IPOs in Hong Kong.
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There was a time when Asia’s dollar bond market was just a sideshow to the global market, offering little in the way of excitement, sophistication or innovation. How times change, as Rashmi Kumar finds out.
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