Prosus-owned payment gateway PayU aims to file for $500m India IPO in Feb
The IPO could value PayU at between $5-7b.
China EV maker Hozon Auto appoints bankers for $1b Hong Kong IPO
More banks could be added to the syndicate working on the IPO as the deal progresses.
KKR buys majority stake in LEAP India in latest infrastructure bet
The company is also looking to go public and raise nearly Rs 1,000 crore, according to media reports.
China’s securities regulator allows Morgan Stanley to set up futures unit
Morgan Stanley said in April it looked forward to setting up a futures company in China
Morgan Stanley weighs cutting 7% of Asia investment bank jobs
The job cuts are part of a global reduction in light of market conditions and to reduce expenses
India Digest: BlackSoil backs GenWorks; Logistics firm Zyngo raises $5m
BlackSoil raised over $25m through its diverse debt products last month.
Credit Agricole launches China M&A and investment banking business
Some global banks are accelerating their expansion in China
Morgan Stanley appoints David Aronovitch as Southeast Asia CEO
Ronald Ong will focus on his role as the chairman of Southeast Asia.
China approves Morgan Stanley as actual controller of its local JV
China has also given approval for Morgan Stanley International Holdings to invest $19m in the JV.
Morgan Stanley picks up stake in India’s Paytm after Alibaba sells shares
The stock closed 3% on Friday after Morgan Stanley and Ghisallo bought a stake.