Ryan Li

The second foreign currency-denominated sovereign bond from China within a month has seen record popularity, and was oversubscribed 25 times.

The structure of the bonds allows Chinese corporates to raise funds in multiple currencies with an onshore issuance. The Yulan bond market is still small.

Mutares is expected to acquire a majority stake in two manufacturing sites in China from Hwaseung; the signing of the deal is expected in Q4.

The Asia-based travel experience platform revealed adjusted EBITDA profits for the first time in its public filing to the SEC.

HKEX to welcome Middle Eastern issuer soon, while Xiaomi hopes to bring its EV products to Europe.

Debt issuance was capped at $15bn the previous year.

The funds will be mobilised to support initiatives such as the Asean Power Grid, in collaboration with four Malaysian banks.

Investments and efforts to support female progression are needed across the financial sector, according to a report from the Women Chief Executive Network and KPMG.

Proceeds from the three-year notes will be mostly used to refinance maturing debentures.

If approved, the fund will become the first private credit infrastructure fund to be listed on HKEX. The fund invests in assets across renewables, power, utilities, data centres, telecommunications, transport, healthcare and accommodation.