CapitaLand plans to launch number two ABS

At this year’s Two Sessions, Beijing has indicated it is slowing GDP growth to “high quality development”; rapid AI innovation is set to spur modernisation.

The Japanese giant will make cost savings of ¥500bn and reduce its workforce by 20,000, and its number of plants from 17 to 10 by FY 2027, after a net loss of ¥670.9bn in FY 2024.

The Equity Market Development Plan has helped boost IPOs and valuations this year, including SGX's appeal for secondary listings, such as US data firm AvePoint. FA spoke with experts at Cooley and Grasshopper Asia.

Analysts are betting that US president Donald Trump and his Chinese counterpart Xi Jinping will strike a deal, which would spur US players to buy Chinese stocks, just as overall sentiment for mainland China and Hong Kong improves.

Singapore''s CapitaLand Residential has launched a landmark ABS.

South East Asia''s largest property company launches a rare offering denominated in Singapore dollars.