News

Yinchuan Tonglian raises $300m in Dubai

Dubai_skylineYinchuan Tonglian Capital Investment has become the first Chinese issuer from outside the banking sector to raise money on the Nasdaq Dubai exchange. The firm listed a $300 million bond to raise money for projects including building an industrial park in the city of Yinchuan, which last month hosted the annual China-Arab States Expo trade exhibition. “Our bond listing on Nasdaq Dubai strengthens the close relationship that China enjoys with the UAE and other Arab countries in a range of activities, which includes capital-raising, investment and trade,” said Zhang Honglin, chairman. China is the UAE's largest trading partner, according to figures from the UAE Ministry of Economy. Nasdaq Dubai currently lists eight bonds from Chinese issuers with a total value of more than $4 billion. Yinchuan is the capital of Ningxia province, which has a large Muslim population. ©2017 funds global asia

Executive Interviews

INTERVIEW: Operational challenges

Jun 09, 2018

Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.

INTERVIEW: Making a name

Apr 18, 2018

Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.

Roundtables

HONG KONG ROUNDTABLE: a long-term project

Jun 09, 2018

Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.

SINGAPORE ROUNDTABLE: Small nation, big ambitions

Apr 18, 2018

Our cross-industry panel discussed fund passporting, robo-advisers and the potential of a new investment structure, the S-Vacc. Chaired by George Mitton in Singapore.