Companies

Entry deadline for the FinanceAsia Achievement Awards 2025 is now extended to September 26; the awards will celebrate the best deals and firms across Asia Pacific and the Middle East over the last 12 months.

Cornerstone investors in the tech firm's listing include Hillhouse Investment Management, Taikang Life Insurance and Grab; net proceeds were $514m and the firm's valuation climbed above $4.6bn on its September 16 debut.

Private equity firm TPG is selling the luxury cosmetics packaging firm after purchasing it in July 2023 for around $230m.

David Wang and Meka Meng have joined from Paul Hastings in Shanghai and Beijing.

David He, who has global experience across M&A, private equity and restructurings, joined from Gunderson Dettmer at the beginning of September.

CICC was the lead global coordinator on the Rmb2bn dim sum bond issuance with a yield of 3.35%; the bonds, which are becoming increasingly popular, were listed on the HKEX and will be used for Belt & Road initiatives.

Banks are looking to overhaul risk frameworks as US tariff actions collide with Asia’s export dependence. Experts shared their views on how regulators are embedding geopolitical shocks into stress scenarios, while banks turn to tech and client engagement to prepare for strains likely to surface in 2026.

The loan will finance Thaicom's Space Tech Innovation’s contract with France’s Airbus Defence & Space to manufacture a software-defined high throughput satellite.

The US Court of Appeals for the Federal Circuit agreed with another court's verdict that most of the tariffs are illegal; however the tariffs, including 50% on many Indian goods, will stay in place until October 14 to allow an appeal to the Supreme Court.