North Asia

Hong Kong stocks and listings have performed well since the start of the year as depressed valuations and budding confidence has shifted capital away from US stocks; more listings this week show the momentum is here to stay, despite tariff uncertainty.

The outgoing chairman of HSBC is set to start in October to replace AIA's non-exec chairman Edmund Sze-Wing Tse, who is retiring from his position after 60 years at the life insurer.

The bonds' five tranches raised HK$27bn, with the 30-year HKD infra bond being the longest tenor of a HKD-denominated government bond; the issuances are set to extend the HKD benchmark yield curve.

The firm, backed by Peter Thiel's Valar Ventures, has over $10bn of assets, is growing fast in Australia, Hong Kong and Singapore. Syfe's CEO told FA that management is open to exploring opportunities in Japan and South Korea in the "longer term".

Amid volatility, dollar weakness, and high government debt, the global fixed income market is poised for a bumpy reset with more instruments in Asia to benefit, according to Andrew Jackson, head of investments and head of fixed income boutique, at Vontobel.

The Rmb2.5bn 2.0% notes are the German carmaker’s third onshore Renminbi bond issuance. The company told FA that the move is part of its funding diversification efforts.

Naoya Shiota has joined the law firm's global private equity group in Tokyo from White & Case.

Vo-Dinh will relocate to Hong Kong in July from Sydney, where she was Natixis' head of acquisition and strategic finance, Australia; there are several other regional appointments at the French bank.

Zhang Wenjie will return to the bank as Citi’s country officer and banking head for China in July.