Debt

The buoyancy in the sector is being driven by multiple factors, including regulatory shifts, policy support, and debt capital market activity in the city.

Hong Kong payment platform Wonder has raised $12m in venture debt from HSBC Innovation Banking to accelerate its regional expansion.

Amid regional market momentum, the global bank has a strong pipeline of Apac deals across ECM, DCM and M&A.

Chinese transactions are benefitting from a booming IPO market in Hong Kong, which is driving Asia growth from a low base.

Despite challenges, regional opportunities exist in structured credit, defensive corporate exposures, high-yield bonds, and emerging market sovereigns, according to MFS Investment Management's Pilar Gomez-Bravo.

The Singaporean bank continues its diversified funding strategy, achieving tight pricing for a five-year tenor. The majority of investors came from Australia, New Zealand and Asia.

Proceeds from the one-year zero coupon guaranteed bonds will be used to support the non-ferrous metal company’s overseas business.

Final orders were over S$2bn allowing UOB to upsize from its original S$500m benchmark; there was participation from 96 investors with 26% outside of Singapore.

The digital bank, which has operations in China, Hong Kong and Indonesia, is looking at M&A opportunities and developing artificial intelligence agents, with the debt and equity fundraise.