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Heung Li, a former UBS equity capital markets banker, is expected to take up a new position in CLSA, according to sources with knowledge of the move. -
Companies trading on China’s over-the-counter market can now list in Hong Kong.
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China’s stock market regulator has named Legend Holdings, parent of technology company Lenovo Group, as the first to take part in its H-share convertibility pilot programme.
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Credit Suisse has picked Allan Chu as its new head of technology, media and telecom for Greater China, according to sources.
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Controls have been tightened after the high-profile losses that banks took on margin loans when retail conglomerate Steinhoff ran into trouble late last year. But strategic equity solutions businesses remain central to equity capital markets, writes David Rothnie.
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Bank of America Merrill Lynch, Credit Suisse, Nomura and UBS have made senior changes in their equity capital markets and syndicate teams in Asia.
