The $1.3bn raise from the electronics giant and $1.75bn IPO from Tata Group's financial services arm attracted strong demand from institutional investors. Citi is seeing its largest Indian IPO pipeline on record.

Adam Zhang, managing director of Collabrium Partners, shares his views with FA on how Chinese companies are changing their approach to cross-border M&A, including finding opportunities in Southeast Asia and in technology.

The HK$155 a share offer is a 33% premium over Hang Seng's 30-day average closing price; HSBC already owns 63% of the HKEX-listed bank. Hang Seng's after tax profits declined 30% in H1 2025. HSBC has paused buybacks.

The division of the Swiss company has a workforce of approximately 7,000 and had revenues of $2.3bn in 2024; SoftBank is looking to fuse artificial super intelligence and robotics.

The Australian regulator has cited four proceedings at the bank spanning misconduct across ANZ's institutional and retail divisions, including over the management of a A$14bn government bond issue; ANZ, which is cutting 3,500 jobs, has admitted to "unconscionable conduct" and apologised.

The record transaction from the Chinese insurance giant shows strong investor demand for hybrid equity instruments; the proceeds will be used for AI and international expansion.

CICC was the lead global coordinator on the Rmb2bn dim sum bond issuance with a yield of 3.35%; the bonds, which are becoming increasingly popular, were listed on the HKEX and will be used for Belt & Road initiatives.

The rationale behind all the winners in Brunei, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.

The rationale behind all the winners in Bangladesh, India, Pakistan and Sri Lanka.

The rationale behind all the winners in mainland China, Hong Kong, Mongolia, South Korea and Taiwan.