North Asia

Chinese regulators have blocked Meta’s acquisition of AI firm Manus, and fined a Chinese food firm using new overseas listing rules, as tech security concerns rise.

As jumbo sized issuances continue in Apac, 60% of the proceeds from the dual-tranche issuance will be used for international expansion by the Chinese home appliance giant.

The agreement between the pharmaceutical firms includes collaboration and licence agreements on early-stage programmes for oncology, hematology, immunology and innovative assets; BMS Is paying an upfront payment of $600m.

Revised listing requirements, rebalanced indices, and expanded cross-border schemes, such as Stock Connect, are reshaping Hong Kong’s financial landscape, and driving the capital flows that are transforming the Greater Bay Area; Christopher Chu reports.

The Hong Kong-based banker has most recently been head of Morgan Stanley's Apac debt syndicate.

The Asian Development Bank has unveiled a landmark $70bn investment drive to transform regional connectivity by 2035, by integrating cross-border power grids and build an 'Apac Digital Highway' to bridge the energy and technology divide for millions.

The HKEX listed aluminium giant will use the money to stockpile bauxite, refinance debt, to invest in overseas projects, share repurchases and for general corporate purposes; it also made a concurrent share repurchase.

Airport Authority Hong Kong draws 2.9x subscription for its multi-tranche senior notes offering, underscoring resilient appetite for high-grade Hong Kong dollar debt; the airport's second runway will open in May.

Bhavin Shukla will become managing director, head of infrastructure investment banking, Japan Asia North and Australia & Asia South, at the US bank.