Category: Emerging markets

Capture investment opportunities created by megatrends

Karmic justice for vaccine queue jumpers

Hong Kong has now vaccinated half a million people, after rolling its vaccine out to all comers last month. There have been a few hiccups – the discovery of packaging defects caused a temporary halt to the AstraZeneca jab — but most people have now had the first of their required two shots.

8 April 2021 0

Singtel returns to home market with first perp

Singapore Telecommunications (Singtel) sold a subordinated perpetual bond in the Singapore dollar market this week, marking its return to the currency after more than a decade, as well as its first perp.

8 April 2021 0

Redco debuts in sustainability market

Redco Properties Group raised $220m on Wednesday from its first sustainability bond.

8 April 2021 0

Prosus offloads $14.7bn Tencent block

Dutch internet company Prosus is looking to pocket up to HK$114.17bn ($14.67bn) from an accelerated sale of shares in Tencent Holdings.

7 April 2021 0

Romania returns after strong year of issuance

The Romanian sovereign has returned to the international debt markets to raise euro-denominated bonds, after it entered the market four times last year, making it one of the most frequent issuers in the central and eastern Europe region in 2020.

7 April 2021 0

Citi picks new China corp coverage head

Citi has appointed one of its Shanghai-based senior bankers as the new head of corporates coverage for China.

7 April 2021 0

Macrotech Developers opens India IPO

Indian real estate company Macrotech Developers has kicked off bookbuilding for its up to Rp25.1bn ($338.2m) listing.

7 April 2021 0 gets nod for jumbo HK secondary listing

Chinese online travel giant Group is set to launch bookbuilding for its Hong Kong secondary offering this week, after getting the go ahead from the city’s bourse.

7 April 2021 0

Huarong AMC bonds widen on earnings delay

China Huarong Asset Management Co’s dollar bonds have been hit in the secondary market, following an announcement that the company’s 2020 annual results are delayed. But analysts have warned against reading too much into the postponement, saying it could signal positive developments at the firm.

7 April 2021 0

Kangde Xin gets the boot from Shenzhen bourse

Defaulted bond issuer Kangde Xin Composite Material Co is expected to be delisted from the stock exchange of Shenzhen next month, a move that will end an over two year probe by Chinese regulators into the company.

7 April 2021 0