Northeast Asia
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Activity in the Hong Kong loan market has made a robust start to the year, with a big loan for Chow Tai Fook entering syndication. -
The Chinese regulator’s decision to kick-start a pilot scheme that will allow mainland-based holders of Hong Kong-listed stocks to convert them into H-shares is a big move, with many advantages for both stockholders and the city’s equity market. But it’s not time to crack open the champagne just yet. If the past is any example, progress will be slow at best.
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Former Credit Suisse investment banker Byungil Lim will start at UBS next week, taking charge of the bank's South Korean operations, according to a source familiar with matter.
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China’s Yingde Gases Group Co has mandated banks for its first dollar bond sale in more than three years.
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Foreign asset managers in China have started the New Year in style. Fidelity International launched two funds on January 2, covering onshore equity and fixed income, after receiving its private fund management (PFM) licence last May. The move came less than a week after BlackRock got the regulatory green light for its own PFM licence.
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Chinese conglomerate Citic began marketing a dual tranche dollar bond on Thursday morning, nearly a year after its last debt sale.
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South African telecommunications company MTN Group is holding a non-deal roadshow in Taipei this month.
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China’s central bank will hold on to its 'neutral and prudent' monetary policy, the central bank of Pakistan encourages businesses to trade with China in renminbi, and the Chinese currency regains its position as the sixth most used global payments currency.
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Bank of China Hong Kong has appointed a long-serving employee of the group as its new chief executive.
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Chinese conglomerate Citic has named banks to lead its first dollar bond sale of the year.
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A 30-year banking veteran has joined Standard Chartered to lead one of the most important regions for the firm’s corporate and institutional banking strategy.
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Guangdong province-based Huali University Group filed a draft IPO prospectus with the Hong Kong bourse this week, following a stream of Mainland private education providers that listed in the city in 2017.
