Adam Zhang, managing director of Collabrium Partners, shares his views with FA on how Chinese companies are changing their approach to cross-border M&A, including finding opportunities in Southeast Asia and in technology.
Corporate issuances are increasing in the offshore Renminbi bond market, despite challenges around rates, liquidity and diversification; Hong Kong is poised to benefit.
The fund is aiming to catalyse Oman’s energy transformation and economic diversification under Oman Vision 2040; alternative asset manager Templewater, which has offices in Hong Kong and Singapore, has also set-up an office in Muscat.
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.
As one of China's leading credit rating agencies, China Lianhe Credit Rating Co. Ltd (Lianhe Ratings) continues to support development and innovation in the domestic economy and bond market, driving strategic expansion in the local and offshore markets.
CICC is looking to strengthen ties between China and the Gulf region; meanwhile, a former MD at Standard Chartered, Kapil Jobanputra, has become managing partner of real asset firm Elaeo Partners.
The games, if they go ahead, potentially in 2027, are expected to bring economic benefits to the Greater Bay Area, including Hong Kong, and countries part of the Belt and Road Initiative.
Rmb internationalisation faces challenges from Trump’s determination to keep the US dollar as the leading global currency; FA understands that Hong Kong is taking a more "commercial" approach.