North Asia

The construction and infrastructure disputes specialist succeeds Terence Tung; Tung remains a partner at the Hong Kong law firm.

The US pharmaceutical giant will pay $650m upfront to support 12 cancer medicine programmes with HKEX-listed Innovent; the collaboration includes co-commercialisation rights in the US and Europe.

Hong Kong's finance secretary Paul Chan said the deal will "attract more cross-boundary Rmb financing and trading activities to Hong Kong".

There were several multi-billion dollar deals agreed between the two nations at the Beijing summit, however, while the establishment of boards of trade and investment could help, some are sceptical, with Chinese FDI into the US at historically low levels.

Jardines wants to grow the diagnostic imaging and teleradiology firm in its home markets of Australia and New Zealand and to expand internationally.

Three brokers, including Hong Kong’s largest online brokerage Futu, have been heavily penalised by Chinese regulators, in an effort to clean up market misconduct and to curb illegal outflows.

The China-focused corporate lawyer has joined to bolster A&G’s cross-border M&A and private equity capabilities across China and Southeast Asia.

The ChatGPT maker will commit more than $234m to support the city-state’s national AI strategy, alongside collaborations with Google and Nvidia; in addition, AMD is investing $10bn in Taiwan’s AI infrastructure and AI has boosted Lenovo's revenues.

The US investment firm’s new office will be led by Peter Rosenbloom, managing director and head of Asia Pacific, as HPC expands its private markets presence in the region.