The US administration wants to take retaliatory action for China’s rare earth export controls. US stock markets and cryptocurrencies lost billions of dollars in value on October 9, while gold has reached $4,000 an ounce. China's commerce ministry said "we aren't afraid to fight".

Adam Zhang, managing director of Collabrium Partners, shares his views with FA on how Chinese companies are changing their approach to cross-border M&A, including finding opportunities in Southeast Asia and in technology.

The HK$155 a share offer is a 33% premium over Hang Seng's 30-day average closing price; HSBC already owns 63% of the HKEX-listed bank. Hang Seng's after tax profits declined 30% in H1 2025. HSBC has paused buybacks.

The division of the Swiss company has a workforce of approximately 7,000 and had revenues of $2.3bn in 2024; SoftBank is looking to fuse artificial super intelligence and robotics.

The chair of EQT Asia will replace Conni Jonsson, who will remain involved in the Swedish private equity firm as honorary chair and founder.

Europe’s T+1 transition requires more preparation from financial firms, including infrastructure. Senior directors from BNP Paribas, Capco and DTCC explained why to FA, and how Asia has been adapting to the US transition.

The large Japanese financial services group consists of banking, life and non-life insurance businesses.

The HKMA and SFC want to encourage primary issuances, enhance secondary liquidity, improve infrastructure, and play a prominent role in the internationalisation of the Renminbi.

The international arm of the Chinese mining giant has raised HK$25bn, the second biggest listing of the year.

Over the last few months, the French bank has created several new roles and made key hires to bolster its presence in the region, including in mainland China.