Companies

The alternative asset manager is backing a South Korean motion-control technology provider at a reported valuation of $676m; Blackstone has also appointed former KKR executive Ami Momaya as its first dedicated infrastructure hire in Asia Pacific.

The Shanghai-based photonic computing company's blockbuster debut in H1 underscores investor appetite for AI infrastructure while testing both HKEX's Chapter 18C regime and Hong Kong's IPO revival. Ryan Cheng spoke to senior market participants about the deal.

Following the termination of another deal, the merger creates a dominant Western Australian producer, underscoring how high gold prices are accelerating consolidation across Australia's mining sector.

The South Korean chipmaker's record $26.5 billion Nasdaq debut was followed by a record sell-off in Seoul after weaker earnings expectations, even as analysts remain constructive on the longer-term AI memory cycle.

With a new central clearing system and direct physical linkages to Shanghai, Hong Kong is overhauling its bullion infrastructure to cement its role as Asia's premier gold trading hub.

Temasek's SeaTown Holdings-backed Foundation Healthcare Holdings debuts on the SGX Mainboard, while Chinese electronic components manufacturer Luxshare leads lukewarm IPOs in Hong Kong.

EQT’s mid-market fund will acquire the Melbourne-headquartered parking, enforcement and compliance technology provider, while Smartworks’ Singapore subsidiary has acquired Workstudio Spaces for an equity value of S$2.47 million.

Shanghai has been handed more tools, including the acceleration of offshore loans and digital trade, to aid offshore financial services in a boost to the city as a global financial hub; there is also cooperation with Hong Kong.

Steven Hsu, who was most recently at Paul Hastings, is set to join the global law firm in "the next few months".