Markets

Japan’s largest taxi-hailing app operator opened 21.25% above its offer price on the Tokyo Stock Exchange, with Nomura, Goldman Sachs and BofA Securities acting as joint global coordinators.

Jason Zeall, director, Sun Hung Kai Capital Partners, shares his views on aligning the interests of general and limited partners in a more challenging environment for private equity firms.

The Taiwan-listed fibre optic and data cable manufacturer will buy the Singapore-headquartered ICT business using cash and Citi financing to strengthen its data centre infrastructure capabilities amid surging AI demand.

The 21-member group will advise on expanding bond tokenisation beyond a series of government pilots, as Hong Kong accelerates its digital financial development.

The Japanese digital payments platform is acquiring a 70.2% stake in T&D Holdings’ life insurance unit, marking its push into life insurance as it expands beyond payments, cards, banking and securities. One Investment Management is also part of the deal.

China had robust import and export growth in May despite the ongoing conflict in the Middle East. Fitch has upgraded China's GDP forecast to 4.6% this year after "surprisingly good" Q1 data. In a volatile market, SpaceX is set to go public on June 12.

Dr. Wenbin Wang, chairman of ICBC International, discusses three fundamental structural drivers helping drive the stock market's recent revival, including attracting innovative Chinese firms and the rise of dual listings.

The Hong Kong exchange operator will collaborate with Kazakhstan’s financial hub on carbon markets, green finance and commodities, while exploring cross-border listings with Astana International Exchange.

As the Japanese insurer expands investments in alternative assets, Blackstone will provide investment management services to Japan’s largest private asset owner across private credit and real estate.