The proceeds from institutional investors will be primarily used to support the Luang Prabang Hydroelectric Power Project in Laos.

The outgoing chairman of HSBC is set to start in October to replace AIA's non-exec chairman Edmund Sze-Wing Tse, who is retiring from his position after 60 years at the life insurer.

McLean, currently head of Citi's global asset managers, Apac financial sponsors business, will relocate from Singapore to Sydney.

The bonds' five tranches raised HK$27bn, with the 30-year HKD infra bond being the longest tenor of a HKD-denominated government bond; the issuances are set to extend the HKD benchmark yield curve.

Amid volatility, dollar weakness, and high government debt, the global fixed income market is poised for a bumpy reset with more instruments in Asia to benefit, according to Andrew Jackson, head of investments and head of fixed income boutique, at Vontobel.

The Rmb2.5bn 2.0% notes are the German carmaker’s third onshore Renminbi bond issuance. The company told FA that the move is part of its funding diversification efforts.

The financing will help Manipal Education and Medical Group with its corporate expansion; India is a "priority" market for KKR's credit strategy.

Vo-Dinh will relocate to Hong Kong in July from Sydney, where she was Natixis' head of acquisition and strategic finance, Australia; there are several other regional appointments at the French bank.

Zhang Wenjie will return to the bank as Citi’s country officer and banking head for China in July.

The ETF, launched with BOCHK Asset Management, will track the iBoxx Tadawul Government & Agencies Sukuk Index; global sukuk issuance neared $200bn in 2024.