The EV maker returned to the capital market four months after its US listing and successfully raised fresh capital despite multiple headwinds. It was forced to pay up though.
Has the G3 market reached bottom, or will continued spread pressure tip more stressed credits over the edge?
After a tough 2018 that saw rising US interest rates and trade tensions with China, is this year going to be any easier? What do market participants forecast for the year ahead?
China’s dominant music distributor had hoped to overtake Spotify with its $1.1 billion New York IPO. But for now, Tencent Music still lags its main international rival.
The company's creditors and shareholders are likely to suffer even bigger losses now the Singapore authorities have blocked a key part of its $3.5 billion debt-for-equity survival plan.
Indonesia takes a view that market conditions may not get better as it jumps into the first available window following the G20 meeting with a new benchmark bond.
Asian equity markets are being driven by sentiment rather than fundamentals say bankers and investors, hopeful of a turnaround before year-end.
Borrowers need funds, but the buy-side and sell-side remain divided over whether investors will have to deploy cash before the year-end.
Despite the headwinds affecting the Philippine stock market, San Miguel has decided to move forward with plans to sell shares in its consolidated food and beverage business through a sharply downsized block trade.
Investors are unplugging from the primary market following poor secondary market performance. Will Tencent Music entice them back?
China’s largest digital music distributor operates under an integrated entertainment business model, which allows it to make a profit while rival Spotify continues to struggle with losses.
Markets brace for a crucial few weeks that will likely determine how 2018 comes to be remembered.
Four-year-old Chinese startup plans to become just the second listed electric car specialist after Tesla. It's the latest Chinese venture to seek US investment while far from profitability.
San Miguel Food & Beverage files record-breaking equity deal as the country’s leading families consider spinning off assets to raise equity capital for infrastructure projects.
Two mega IPOs set to raise more money this July than China’s onshore/offshore total so far this year combined.
As the new government begins to set out its policy priority, international investors set out their hopes and concerns. Will the momentum of foreign investment, especially from China, keep up?
The first Chinese developer to default on its offshore debt is steadily getting back on its feet. It's now brought in a former Deutsche banker to lead its financial operations.
After struggling to digest a wave of issuance from Chinese property developers, Asian G3 bond markets await equally strong deal flow from LGFVs that will reverberate around the region.
Faltering secondary markets and high valuations do not appear to be deterring investors as they continue to take advantage of primary market deals to build sizable equity positions in Vietnam.
International interest grows even though the industry cannot match the outsized returns of its early days.