Haymarket Media Group

Latest stories

2d
Finance Asia
FinanceAsia's awards dinner in Sydneytheir colleagues and clients. Some of the issuers attending the dinner included
FinanceAsia's awards dinner in Sydney
Finance Asia / Posted 2 days ago
their colleagues and clients. Some of the issuers attending the dinner included senior executives from BHP Billiton, APA Group, Link Administration, Altrac, Australian Unity and CBL Corporation. The trivia quiz was won by a table of executives... Read more
4d
Finance Asia
Lippo struggle: ominous omen for Asian high yield?size and pricing targets. The company and its lead managers have yet to confir
Lippo struggle: ominous omen for Asian high yield?
Finance Asia / Posted 4 days ago
size and pricing targets. The company and its lead managers have yet to confirm the demise of an exchange offering for the group's 2019 notes and a concurrent new 2023 bond offering. But a number of non-syndicate bankers, fixed-income analysts and... Read more
6d
Finance Asia
Maybank eyes infrastructure opportunitiesto much-needed infrastructure projects and the appetite of Chinese companies to
Maybank eyes infrastructure opportunities
Finance Asia / Posted 6 days ago
to much-needed infrastructure projects and the appetite of Chinese companies to construct them, according to Feisal Zahir, group head of global banking. “I’d like to make our mark as a key facilitator and funder of infrastructure in Southeast Asia... Read more
6d
Finance Asia
Carsten Stoehr returns to Credit Suissecorporate banking, and private banking structured lending services to form one
Carsten Stoehr returns to Credit Suisse
Finance Asia / Posted 6 days ago
corporate banking, and private banking structured lending services to form one Asia-Pacific financing team. This unified group will aim to provide a centralised structuring, risk management, and syndication platform for financing ultra high net... Read more
7d
Finance Asia
A sneak peek at Uli Sigg's China collectionstarted to look for me instead," said Sigg to FinanceAsia. Starting with the e
A sneak peek at Uli Sigg's China collection
Finance Asia / Posted 7 days ago
started to look for me instead," said Sigg to FinanceAsia. Starting with the early underground activities of the No Name Group and Stars Group of the last years of the Cultural Revolution, it then tracks the 85 New Wave – such as the Pond... Read more
7d
Finance Asia
Dick Smith: electric shock for Australian PEon behalf of the sponsor – and released to investors through block trades after
Dick Smith: electric shock for Australian PE
Finance Asia / Posted 7 days ago
on behalf of the sponsor – and released to investors through block trades after the announcement of results for the immediate forecast period. Hold lengths vary from between six to 15 months. Market commentators haven’t always approved of... Read more
10d
Finance Asia
Citic Bank uncovers near-Rmb1 billion bill fraudfor the second time in a week on Thursday after China Citic Bank, a unit of Chi
Citic Bank uncovers near-Rmb1 billion bill fraud
Finance Asia / Posted 10 days ago
for the second time in a week on Thursday after China Citic Bank, a unit of China's largest investment conglomerate Citic Group, said it had uncovered a fraud totalling Rmb969 million ($147 million). The Beijing-headquartered bank said in a... Read more
10d
Finance Asia
Samsung deals spurred by succession pressureSamsung Group announced two transactions on Thursday that highlight the growing
Samsung deals spurred by succession pressure
Finance Asia / Posted 10 days ago
Samsung Group announced two transactions on Thursday that highlight the growing pressure on Korea’s biggest conglomerate to speed up corporate restructuring as it prepares for dynastic change. They comprise the partial selldown by the only son of... Read more
3 related stories
11d
Finance Asia
BOCHK: a breakthrough in financial sector reformKong Monetary Authority and subject to open market competition. We at UBS, wher
BOCHK: a breakthrough in financial sector reform
Finance Asia / Posted 11 days ago
Kong Monetary Authority and subject to open market competition. We at UBS, where I served as head of the corporate finance group, believed a restructuring and IPO of the Hong Kong operation could be viable, and would be a good test case for the... Read more
11d
Finance Asia
Putting Sri Lanka on the tourist mapnorth. Since the war ended in 2009, however, the country has become a firm fixt
Putting Sri Lanka on the tourist map
Finance Asia / Posted 11 days ago
north. Since the war ended in 2009, however, the country has become a firm fixture in the travel sections of the world’s media. Yet supply – whether roads, airports, hotel rooms, restaurants, or shops - has struggled to keep up with demand. The... Read more
13d
Finance Asia
Probe sends Future Land bonds tumblingmore than $21 billion of Chinese property credits, which are mostly junk-rated
Probe sends Future Land bonds tumbling
Finance Asia / Posted 13 days ago
more than $21 billion of Chinese property credits, which are mostly junk-rated and subject to higher default risk. Kaisa Group became the first mainland Chinese developer to default on its US-dollar debt last April, after its chairman Kwok Ying... Read more
15d
Finance Asia
KKR JV targets China's growing distressventure also includes local investment manager China Orient Summit Capital, whi
KKR JV targets China's growing distress
Finance Asia / Posted 15 days ago
venture also includes local investment manager China Orient Summit Capital, which is itself a JV between Orient AM and a group of investment professionals. China’s real estate market has $3.1 trillion of outstanding debt, making up about 16% of... Read more
2 related stories
16d
Finance Asia
Wanda aims to build $10b Indian cityDalian Wanda Group has agreed to spend $10 billion to build an industrial city
Wanda aims to build $10b Indian city
Finance Asia / Posted 16 days ago
Dalian Wanda Group has agreed to spend $10 billion to build an industrial city in Haryana state in northern India, adding to the conglomerate's growing list of outbound projects as it presses on with diversifying its revenues. In a press release on... Read more
2 related stories
16d
Finance Asia
KKR, China Orient JV targets China's growing distressventure also includes local investment manager China Orient Summit Capital, whi
KKR, China Orient JV targets China's growing distress
Finance Asia / Posted 16 days ago
venture also includes local investment manager China Orient Summit Capital, which is itself a JV between Orient AM and a group of investment professionals. China’s real estate market has $3.1 trillion of outstanding debt, making up about 16% of... Read more
2 related stories
18d
Finance Asia
Khazanah, ING bet on fintech startup WeLabhas raised $160 million from new investors, including Malaysian sovereign wealt
Khazanah, ING bet on fintech startup WeLab
Finance Asia / Posted 18 days ago
has raised $160 million from new investors, including Malaysian sovereign wealth fund Khazanah and Dutch financial services group ING. The company said in a statement that Guangdong Technology Financial Group, a Chinese state-owned fund in... Read more
19d
Finance Asia
Wanda plans internet finance IPO, more M&Aacquisitions this year, three globally and two domestically (excluding cinema c
Wanda plans internet finance IPO, more M&A
Finance Asia / Posted 19 days ago
acquisitions this year, three globally and two domestically (excluding cinema chains). It also estimated that the group’s revenues will drop by 12% to Rmb254.3 billion in 2016, due to its sluggish property business, which Dalian Wanda has... Read more
2 related stories
19d
Finance Asia
CRCC issues Asia's first convertible of 2016appeared to have marketed the deal at a reasonable valuation, with the bonds tr
CRCC issues Asia's first convertible of 2016
Finance Asia / Posted 19 days ago
appeared to have marketed the deal at a reasonable valuation, with the bonds trading around par in the grey market immediately after pricing. They then opened 25bp higher in secondary trading early Tuesday morning before advancing to... Read more
19d
Finance Asia
Lufax building ebank ahead of IPOwhich is short for Shanghai Lujiazui International Financial Asset Exchange Co.
Lufax building ebank ahead of IPO
Finance Asia / Posted 19 days ago
which is short for Shanghai Lujiazui International Financial Asset Exchange Co. Ltd. and is backed by Ping An Insurance Group, underscores its ambition to expand its client base by leveraging off its parent's one million-strong labour force and... Read more
20d
Finance Asia
Wanda plans internet finance IPO, more acquisitionsacquisitions this year, three globally and two domestically (excluding cinema c
Wanda plans internet finance IPO, more acquisitions
Finance Asia / Posted 20 days ago
acquisitions this year, three globally and two domestically (excluding cinema chains). It also estimated that the group’s revenues will drop by 12% to Rmb254.3 billion in 2016, due to its sluggish property business, which Dalian Wanda has... Read more
2 related stories
20d
Finance Asia
Lufax, JD Finance get pre-IPO fundingLufax has raised a further $1.22 billion from investors, valuing the Ping An-ba
Lufax, JD Finance get pre-IPO funding
Finance Asia / Posted 20 days ago
Lufax has raised a further $1.22 billion from investors, valuing the Ping An-backed group at $18.5 billion ahead of an initial public offering expected in the second half of the year. The Chinese peer-to-peer lender, founded in September 2011, said... Read more
21d
Finance Asia
CIMB cuts Hong Kong IB, cash equities jobsCIMB Group laid off 32 employees from its cash equities and investment banking
CIMB cuts Hong Kong IB, cash equities jobs
Finance Asia / Posted 21 days ago
CIMB Group laid off 32 employees from its cash equities and investment banking divisions in Hong Kong on Friday, according to sources familiar with the matter, as it became the latest investment bank to cut jobs amid intense competition and a... Read more
4 related stories
23d
Finance Asia
Haier goes global with $5.4b GE Appliances buyHaier Group’s planned $5.4 billion acquisition of the home appliances division
Haier goes global with $5.4b GE Appliances buy
Finance Asia / Posted 23 days ago
Haier Group’s planned $5.4 billion acquisition of the home appliances division of General Electric underscores the Chinese white goods maker's domestic and international growth ambitions. The deal, announced on Friday, brings together two companies... Read more
38 related stories
24d
Finance Asia
MUFG steps up Asean expansionlocal family with wide-ranging interests. BTMU will become the second-largest
MUFG steps up Asean expansion
Finance Asia / Posted 24 days ago
local family with wide-ranging interests. BTMU will become the second-largest shareholder in Security Bank after Dy Group, which is led by Frederick Dy, the Philippine bank's chairman emeritus. Analysts greeted MUFG’s latest acquisition... Read more
3 related stories
25d
Finance Asia
Dollar liquidity supports Asian bond market supplytook advantage of a firmer market tone and investors' willingness to put their
Dollar liquidity supports Asian bond market supply
Finance Asia / Posted 25 days ago
took advantage of a firmer market tone and investors' willingness to put their rising dollar inventories to good use. HNA group's budget carrier Hong Kong Airlines made its debut, while Korea Midland Power returned to the offshore markets for the... Read more
25d
Finance Asia
More corporate defaults ahead For Chinaof defaulted borrowers. We have seen some progress on the latter when the state
More corporate defaults ahead For China
Finance Asia / Posted 25 days ago
of defaulted borrowers. We have seen some progress on the latter when the state did not rescue the SOE Baoding Tianwei Group Co. Ltd. in September 2015. As the credit quality of corporates weakens to a critical level, the burden on the... Read more
26d
Finance Asia
Trio hit Asian G3 bond marketconditions. Ping An Life raised $1.2 billion from a debut dollar-denominated b
Trio hit Asian G3 bond market
Finance Asia / Posted 26 days ago
conditions. Ping An Life raised $1.2 billion from a debut dollar-denominated bond, while China Energy Reserve & Chemical Group (CERC) raised $400 million in acquisition financing and Woori returned to the offshore markets for the first time since... Read more
26d
Finance Asia
Legendary purchase underlines Wanda's global aimsPoster of "The Dark Knight Rises", one of Legendary's biggest cinema successes
Legendary purchase underlines Wanda's global aims
Finance Asia / Posted 26 days ago
Poster of "The Dark Knight Rises", one of Legendary's biggest cinema successes Dalian Wanda Group's $3.5 billion acquisition of US film studio Legendary Entertainment Group has cemented its ambition to become an end-to-end Chinese entertainment... Read more
121 related stories
27d
Finance Asia
Citi beefs up local currency bond operationsrupee bonds to the list. Other domestic issuers said to be considering masala
Citi beefs up local currency bond operations
Finance Asia / Posted 27 days ago
rupee bonds to the list. Other domestic issuers said to be considering masala debt include Bharti Airtel, Yes Bank, JSW Group, GMR Infrastructure and energy conglomerate NTPC. Yet while borrowers may be keen to issue, there are questions... Read more
27d
Finance Asia
Henry Cai's AGIC makes first investmentlinked up with Cai’s fund and Guoxin International Investment Corp. on Monday t
Henry Cai's AGIC makes first investment
Finance Asia / Posted 27 days ago
linked up with Cai’s fund and Guoxin International Investment Corp. on Monday to seal a deal to acquire the KraussMaffei Group. The 178-year old German firm makes machinery for processing plastic and rubber, from carbon-fibre-reinforced... Read more

People in this news