Ryan Li

After over six years with the infrastructure investment bank, Cross will take up a senior leadership role at another institution outside of Asia.

Rich Chun is appointed managing director, head of Asia at Tradeweb, effective immediately; he joins from HPS Investment Partners.

Gunther Hamm, president of HOPU Investments, discussed with FA key drivers for the growing popularity of investors taking controlling stakes of companies in Asia.

Europe’s T+1 transition requires more preparation from financial firms, including infrastructure. Senior directors from BNP Paribas, Capco and DTCC explained why to FA, and how Asia has been adapting to the US transition.

The HKMA and SFC want to encourage primary issuances, enhance secondary liquidity, improve infrastructure, and play a prominent role in the internationalisation of the Renminbi.

Consisting of two tranches, the notes are the first US dollar-denominated subordinated perpetual notes from the Thai issuer.

Corporate issuances are increasing in the offshore Renminbi bond market, despite challenges around rates, liquidity and diversification; Hong Kong is poised to benefit.

Despite the promising pass of an Ordinance, use cases of stablecoins in Hong Kong remain vague. Adopting retail stablecoins depends on multiple factors, including the regulator’s stance and technical concerns, such as monitoring unhosted wallets.

Alvaro Huete has been with the French bank for 28 years and is relocating from Paris to Singapore.

Quentin Galmiche will start the role in Hong Kong on September 1; he first joined the French bank in 2009.