South Korea
-
Samsung Electronics Co is toying with the idea of splitting itself in two and floating shares on an international exchange.
-
South Korea's Shinhan Bank opened books to its second dollar tier two deal of the year Wednesday morning.
-
Citi and Goldman Sachs executed a clean-up trade for SK Telecom in South Korea’s Posco on Monday, with the club deal raising W307.9bn ($261.9m).
-
Eurex, the derivatives exchange of Deutsche Börse, has launched a daily future linked to the Kospi-200 index, which will be fully fungible with contracts traded on the Korea Exchange (KRX).
-
Steel giant Posco has raised W187.7bn ($159.7m) after offloading its entire position in South Korea’s Shinhan Financial Group, at a time when the benchmark Kospi index has fallen 3.1% in the past month.
-
With the RMB hitting new lows against the dollar following the US elections, the move away from offshore RMB (CNH) deposits is likely to continue, if not accelerate. GlobalRMB is introducing a new historical chart tracking the level of CNH deposits across Hong Kong, Macau, Singapore, South Korea and the UK.
-
South Korean heavy industry company Doosan Infracore Co priced a new bond on Tuesday, giving investors a break from the procession of offerings from China. Although Korean borrowers are known for their aggressive pricing strategy, recent market volatility forced Doosan to pay up.
-
China’s Yancheng Oriental Investment & Development Group Co and South Korea’s Doosan Infracore Co ventured out to the DCM market on Tuesday for their respective dollar-denominated bonds.
-
South Korea’s Shinhan Bank is gauging investor interest for a dollar tier two subordinated bond, its second since it debuted in the bank capital market in March.
-
Chinese local government financing vehicle Jiangsu Hanrui Investment Holdings opened a tap of its existing notes on Friday morning off the back of reverse anchor interest, keeping momentum going in the Asia DCM market post the US election.
-
Doosan Bobcat got its listing across the line at the second attempt, as cheaper valuations and a willingness to accede to investors helped raise W900bn ($788.0m).
-
Doosan Bobcat has wrapped up its second attempt at an IPO, closing a W900bn ($788.0m) deal after seeing a strong turnout from institutional investors.