North Asia

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.

The sale price was 7% below the price of the last trading day which reflected “market conditions”, and as a result CATL’s shares declined 6.88% on April 28.

Amid encouragement from China, countries in the region and international entities, are increasingly issuing large panda bonds to diversify from US dollar debt.

The airline described the bond as a "good opportunity" to diversify funding sources and has committed HK$100bn in investments into its fleet, cabins, lounges and digital innovation.

Read on for the winners of the 30th edition of the FinanceAsia Awards, across mainland China, Hong Kong SAR, Japan, Mongolia, South Korea and Taiwan.

The offering, which will go towards railway projects and sustainability goals, included a record HK$3bn 30-year tranche.