Andrew Tjaardstra

Blackstone has bought 9.9% of India’s Federal Bank and a stake in India’s Ace Insurance Brokers.

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

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.

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.

The proposal values the group at $4.2bn and will involve delisting from the Singapore Exchange. Alibaba and Ant Group have agreed to buy 13 floors of Mandarin Oriental's new Hong Kong office building One Causeway Bay; the group is expanding in Seoul.

Prudential Financial is selling its 13% stake in the Hong Kong-headquartered reinsurer, which is majority owned by Chinese conglomerate Fosun.

The $1.3bn raise from the electronics giant and $1.75bn IPO from Tata Group's financial services arm attracted strong demand from institutional investors. Citi is seeing its largest Indian IPO pipeline on record.

The move is in response to a US investigation into China's maritime, logistics and shipbuilding sectors. The Hang Seng Index slumped on October 13 and 14 as US and China trade tensions ramp up.

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.