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Read on to find out the winners of FA's Dealmaker Poll 2025.

Despite criticism, Roushana Sjahsam, Asean senior board adviser at investment firm Zagga, argues private credit is an emerging asset class for defensive, yield-seeking investors, who want diversification, stable income, and portfolio resilience.

It is the group's largest public IABS issuance to date and its first in the Rule 144A/Reg S format with US onshore investors involved. Clifford Capital's group CEO told FA the deal "reflects the growing interest and appetite in infrastructure returns from institutional investors".

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.

The Hong Kong airline will pay $896m for the stake which was first bought by Qatar Airways in November 2017; the SAR is seeing a tourism bounce back.

Starbucks is selling a majority stake in its China business to Boyu Capital in a deal valuing the market at around $4 billion