Beijing is encouraging A-share listed firms to list in Hong Kong, while Trump’s policies are turning some US-listed Chinese companies to also go public on HKEX. The IPO momentum is continuing with four firms listing on October 28 in the SAR.

Gyungmin Kim is replacing Jeyhyung Rhee who is leaving the bank, while Minjib Kim will support him as a director.

Proceeds from the three-year notes will be mostly used to refinance maturing debentures.

Deutsche Bank has appointed Cora Chiu as head of investment management, North Asia, to replace Cedric Ko.

Bauhinia 3 has a portfolio of 33 project and infrastructure loans across 28 projects, 12 countries and nine sub-sectors, with a value of $450.5m. HKMC issued Class D notes at non-investment grade -- a first in Asia.

If approved, the fund will become the first private credit infrastructure fund to be listed on HKEX. The fund invests in assets across renewables, power, utilities, data centres, telecommunications, transport, healthcare and accommodation.

Singapore-based Ivee Tan takes on the export credit agency and multilateral financing solutions role; she most recently worked at Sumitomo Mitsui Banking Corporation as renewables and sustainable energy director.

As tokenised assets surge, institutions, innovators and regulators, are converging to rewrite how global capital moves, including in Apac, according to a high-level panel discussion at Token2049 in Singapore.

CEO Darren Wang described the process to FA as “difficult” and said that reaching out to more US-based private investors, while expanding globally, is the next step.

After a deluge of defaults, a new state-owned bank called United Islamic Bank is set to emerge out of the five banks, with the plan to privatise them over time.