Goldman Sachs

Chinese technology unicorn Meituan Dianping has started pre-marketing its potential $4bn Hong Kong IPO, quickly receiving a flood of interest from US investors. But there are challenges ahead, as the company faces a strong affront from e-commerce giant Alibaba Group Holdings.

The debate over whether Shanghai Lingang Economic Development (Group) Co and Zhuhai Huafa Group Co are pure-play local government financing vehicles or Chinese state-owned enterprises took centre stage during their dollar bond outings on Tuesday.

Chinese electric car maker Nio launched its US IPO, looking to pocket up to $1.3bn amid strong interest from investors for stocks in the sector.

Goldman Sachs has hired a former International Monetary Fund and Reserve Bank of India economist to run its research in India.

Signs of a revival in primary bond market activity were evident on Tuesday when four Asian issuers ventured out for new dollar transactions, setting the stage for what is set to be a busy September.

Goldman Sachs said on Wednesday that it had signed a sale and leaseback agreement with Korea’s National Pension Service on its new European headquarters, under construction around the corner from the bank’s existing London offices on Fleet Street.

BMW and Daimler reopened Europe's corporate bond market on Thursday in emphatic style, reminiscent of the market's usual reopenings after Christmas, when car companies often take the lead. Such a clear and classical restart to issuance, this early in August, is unusual.

San Miguel Food & Beverage is gearing up for what is expected to be one of the largest stock sales out of southeast Asia in the second half of this year.

China Chunlai Education Group has launched pre-deal investor education for its Hong Kong IPO, according to a source familiar with the matter.

The US corporate bond market continued at a strong pace this week, ignoring the lure of the beach that sees its European counterparts' new issue flow slow to a standstill in August. More than $22bn of bonds were sold in the first three days of the week and around half of that was raised by United Technologies Corp.

China’s answer to Tesla is set to make a splash with its New York IPO. Nio is preparing a multibillion-dollar listing that will test investor appetite for the booming electric car industry. John Loh reports.

Nio, a Chinese electric car company, has started sounding out investors for its IPO on the New York Stock Exchange with an indicative size of $1.8bn.