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Emerging Markets

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  • Hong Kong’s stock exchange operator has named Nicolas Aguzin, chief executive of JP Morgan’s international private bank, as its new CEO.
  • Chinese regulators have made a long overdue move to reduce the number of boards at the Shenzhen stock exchange. That points to a greater commitment towards streamlining the country’s sometimes confounding capital markets.
  • Solar and wind power company ReNew Power added further momentum to India’s green bond market this week with a new $460m deal.
  • China-based Betta Pharmaceuticals, a developer of cancer treatments, is planning a Hong Kong IPO, having filed draft paperwork with the city’s stock exchange on Monday.
  • India's UltraTech Cement sold Asia’s second dollar sustainability-linked bond (SLB) this week as the instrument steadily gains traction among issuers.
  • Mining Industry Indonesia, a holding company for the government’s stakes in five domestic mining firms, is seeking an up to $750m borrowing from the loan market.