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.

The global law firm has promoted regional managing partner William Liu to drive regional strategy as it marks 50 years in the region.

Xu Qing, who has been at the bank for over a decade, will oversee all credit and risk functions in Hong Kong, mainland China and Taiwan.

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

Hong Kong's finance chief discussed opportunities in the Northern Metropolis, developing AI, foreign tech firms entering the SAR, green finance, and China's evolving role in supply chains.

Allied Gold owns several large gold mines in Africa with the Canadian firm describing the all-cash offer as "friendly"; its annual gold output is expected to increase to 25 tonnes by 2029.

Coller Capital is a global secondaries firm with around $50bn in AUM and six Apac offices. EQT's CEO believes Coller's business can double in size in under four years; the PE giant is paying up to $3.7bn. In Japan, EQT has launched a bid for Mamezo.

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

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.