Equity News
Solid support for Shanshui sell-down
The $129 million deal is close to three times covered and priced near the top, offering further evidence that investor confidence is improving.




People Moves
Bob Morse launches multi-billion dollar financial services firm
The former head of Citi's institutional clients group in the region sets up Primus Financial Holdings together with Huan Guocang and Ng Wing-Fai. The firm starts with initial capital of $1 billion.


M&A Briefing
China Mobile to buy 12% of Far EasTone
As cross-strait relations warm up, China Mobile agrees to pay $528 million for a strategic stake in the Taiwanese mobile operator.




M&A Briefing
Taiwan's UMC pursues China's He Jian
United Microelectronics announces a plan to buy He Jian Technology for $285 million in cash, but the deal is yet to secure regulatory approval.


M&A Briefing
SMFG set to buy part of Nikko Citi for $5.2 billion
As the long-awaited sale is finally about to happen, some observers are surprised by the absence of Mizuho.




Outlook & Economics
Tackling the numpties left behind in distressed deals
Delegates at the AsianInvestor/FinanceAsia distressed debt summit wonder what should be done with the employees left in the vortex after a control switch.


Structured Products
Malaysians bet on a China recovery
CIMB-Principal launches a structured fund that aims to time a China recovery.


Business Moves
Ex-Citibanker starts Vietnam investment bank
Son Nam Nguyen, formerly head of Vietnam investment banking at Citi, starts up Vietnam Capital Partners Ltd.


Loan Digest
Loan week, April 24-29
A roundup of the latest syndicated loan market news.