Markets
BEA's China unit eyes issuing yuan bonds
BEA's China unit eyes issuing yuan bonds
China regulator’s approval would give BEA license to sell $732bln worth of bonds.
StanChart earns $540mln from India sale
Lender had $210mln shortfall from targeted $750mln behind new India rule and European debt crisis.
StanChart tags Indian Depository Receipts at $2.13-$2.44
Sources said India’s largest international lender is offering 240mln IDRs to raise up to $587.42mln.
ICBC stockholders okay convertible bond, share sales
Approval enables company to raise $3.7bln and to join rivals in shoring up capital.
StanChart eyes China as next target in listings
Lender looks forward to a Shanghai listing after completing one in India as it exploits country's growth.
StanChart applies for listing in India
Lender remains open to potential listings in various countries after filing prospectus to sell 240mln IDRs.
Maybank seeks approval for Indonesian listing
Lender eager to expand visibility in Jakarta and add branches in other Asian countries.
StanChart India share issue seeking anchor investors
Lenders holding StanChart's IDR started sourcing anchor investors from foreign investors, local banks and mutual funds.
ICBC, Bank of China may change fundraising schemes
Central Huijin to benefit from lenders' rights issues offering over issuing bonds and selling shares.
China’s Agriculture Bank seeks $30bln IPO this week
AgBank to apply for dual listing in Hong Kong and Shanghai via world's largest-ever IPO.
Central Huijin plans raising funds via bond issue
Proceeds worth more than $12mln to be injected to China Eximbank and other state-run lenders.
India’s Union Bank postpones $350mln fund-raising move
Financial crisis in Greece prompts lender to put off lender’s bond sale.
Guangdong Bank plans raising $2bln through share issue
Lender joins other China rivals’ share offerings by selling 3.4bln shares to restore capital before IPO.
China Construction Bank mulls raising funds
Source says lender’s board may place $6bln worth of shares and rights issue to meet target.
Bank of India starts offering dollar bonds
Move is part of lender's goal of raising $2bln to fund its international operations.
China banks urged to boost capital with profits
Regulator favors raising capital by rights offering while discouraging private placements and public share sales.
StanChart to seek Shanghai listing
Lender capitalises on Beijing's encouragement for foreign firms to offer shares after regulations become clear.
Commentary
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’