FinanceAsia

AIIB raises HK$4bn sustainable bond

The lead managers for the bond were Bank of China (Hong Kong), HSBC and Standard Chartered; the 3-year bond is listed on the Luxembourg Stock Exchange and will settle on the HKMA's Central Moneymarkets Unit.

February 20, 2025

HSBC pre-tax profit climbs 6.6% to $32.2bn; plans $1.5bn cost savings by end of 2026

HSBC's chief executive Georges Elhedery said the bank is on track to make $300m of savings by the end of 2025; the London-headquartered bank has also exited its Bahrain retail business and announced a $2bn share buyback.

February 19, 2025

Carlyle's Hexaware Technologies seals $1bn India IPO

The global IT services firm, which uses AI, is still majority owned by Carlyle; the listing on the BSE and NSE is the largest technology services and sponsor-owned IPO in India; there were five banks involved.

February 19, 2025

Hong Kong's SFC approves first retail tokenised MMF

The fund will also be the first retail tokenised fund across Asia Pacific.

February 17, 2025

Dubai regulator CEO upbeat on Middle East opportunities for Asia: ASIFMA

Ian Johnston, chief executive, Dubai Financial Services Authority, is confident the growing flows between Asia and the Middle East will continue.

February 18, 2025

Golomt Bank receives green loan from Saison to target Mongolia's MSMEs

The facility will support the Mongolian bank's green loan activities, targeting MSMEs and retail customers; meanwhile, billions of dollars of financing are needed in Mongolia to hit SDG goals.

February 18, 2025

StanChart, Animoca Brands and HKT agree JV to issue HKD-backed stablecoin

A licensing scheme for stablecoin issuers in Hong Kong is expected to be introduced later this year.

February 18, 2025

Nissan downgrades FY forecast as Honda deal terminated

Nissan is expecting a net loss of ¥80bn for the current fiscal year as the Japanese giant moves ahead with ¥400bn of cost savings, including reducing global capacity by 20%, with progress already made in China.

February 14, 2025

Bank of China leads cross-border debt financing business

BOC leverages opening-up of Chinese capital markets to grow into a more internationalized and multifunctional bank

Bank of China Limited

Using index strategies to tackle a new macro regime

An exclusive briefing hosted by FinanceAsia and FTSE Russell in Hong Kong provided an opportunity for investors to rethink asset allocation in a higher-for-longer world. Industry specialists from FTSE Russell along with investment and market professionals discussed how asset allocators can leverage index strategies to capitalise on the new macro regime defining today's investment landscape.

FTSE Russell, an LSEG business

BRI’s recent award triumphs point to its focus on becoming a champion of financial inclusion

Bank Rakyat Indonesia’s efforts directed towards its home country’s large MSME sector is poised have a significant positive impact on the Indonesian economy

Bank Rakyat Indonesia

Editor's Picks

Trump’s steel tariffs fuel Apac uncertainty

Retaliatory tariffs, a stronger dollar and several u-turns from the Trump administration are creating an uncertain outlook for 2025 and is pushing up the price of gold; meanwhile, Hong Kong and China are lodging complaints to the WTO.

February 11, 2025

Green bond credentials tokenised under Project Guardian

Reporting tokens will help with digital and tokenised green bonds, hopefully increasing investor confidence in the space. MAS, the NUS, UOB and Northern Trust’s Matrix Zenith are involved.

February 04, 2025

Analysis: How DeepSeek’s AI model is driving investors into an uncomfortable reality

The release of a competitive low cost large language models not only shifts the AI narrative away from expensive hardware, but also prompts debate about a potential inflection point for fund managers, with some models potentially not surviving.

February 04, 2025

Convergence between traditional finance and crypto native players ramps up

DLT’s potential to drive transaction efficiency is more widely acknowledged, while some crypto native players are looking to tap into traditional financial products; however, Apac’s regulatory framework is fragmented.

January 21, 2025

China intent on ‘proactive’ reforms after tough 2024

Slowing loans, M&A and ECM hit banks' fees last year. Technology, exports and bonds are bright spots, while Hong Kong is increasingly being seen as a place to raise foreign capital. PBOC's governor Pan Gongsheng wants a proactive policy approach.

January 14, 2025

Hong Kong seeks 2025 momentum as headwinds abound

Hong Kong’s mounting fiscal pressures and the need for foreign investment inflows are forcing the city to confront economic realities. Chinese IPOs, tourism and events, are some of the bright spots for the city.

January 07, 2025

Apac's sustainable transition challenge

Renminbi's ambitious but slow journey in the Middle East

Macau bets on switch from gaming to GBA tourism hub