Jack Ma's group launches what could be the largest IPO in history, not to mention one of the most eagerly anticipated, at a discount to its closest rival.
Megabank targets Chinese clients by upping its stake in Bank of East Asia. The deal looks reasonably priced at about ¥100 billion or about 1.2 times book.
The Swiss private bank promotes Benjamin Cavalli to head up the Southeast Asian market, underscoring its goal to capture a larger wallet of the region’s ultra-wealthy.
West China Cement refinances outstanding notes with a $400 million bond, making use of the still-low interest rate environment and diversifying the property-heavy high-yield space.