Companies

Chinese regulators have blocked Meta’s acquisition of AI firm Manus, and fined a Chinese food firm using new overseas listing rules, as tech security concerns rise.

As jumbo sized issuances continue in Apac, 60% of the proceeds from the dual-tranche issuance will be used for international expansion by the Chinese home appliance giant.

Eric Tan has moved to the global law firm from Ashurst in Hong Kong; Hogan Lovells is rebranding in July following a merger.

The HKEX listed aluminium giant will use the money to stockpile bauxite, refinance debt, to invest in overseas projects, share repurchases and for general corporate purposes; it also made a concurrent share repurchase.

Roadshows in Apac are under way for the IPO of the innovative data centre firm, which would boost Australia's sluggish ECM market.

SMBC, ING and Standard Chartered have helped provide the $300m financing for the project in Luzon, which will support the country's energy transition.

The global investment firm is planning an office in the Abu Dhabi Global Market later this year, with Benno Klingenberg-Timm, head of institutional for Europe and Asia, readying to relocate to the region.

Airport Authority Hong Kong draws 2.9x subscription for its multi-tranche senior notes offering, underscoring resilient appetite for high-grade Hong Kong dollar debt; the airport's second runway will open in May.

Bayfront VIII has a portfolio of 44 project finance and infrastructure loans and bonds across 40 obligors based in Asia Pacific, Europe and the Americas.