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Emerging Markets

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The trade is the first from a 'mid-tier' Uzbek lender
The dollar market is offering cheaper funding at the shorter end
Victoria Power Network makes first appearance in the currency

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  • DBS Securities (China) officially opened for business on Monday, as foreign banks continue to expand their presence in the mainland.
  • JC International Finance and Leasing Co, a wholly-owned subsidiary of China’s Legend Holdings, is making its loan debut.
  • China Youran Dairy Group and Carsgen Therapeutics Holdings have both rolled out their Hong Kong IPOs.
  • Evergrande Group's dollar bonds have continued their downward spiral to becoming the worst performing high yield notes last week, as the Chinese real estate company feels the impact over its links with Shenjiang Bank, which has come under fire by regulators.
  • HSBC has appointed David Liao and Surendra Rosha as co-chief executives for its Asia Pacific business, succeeding veteran banker Peter Wong.
  • Cal-Comp Electronics (Thailand) Public Co, an international subsidiary of Taiwan’s Kinpo Electronics, is tapping the loan market for its debut sustainability-linked borrowing as companies and banks continue to push the development of the asset class in Asia.