The funds have been raised to meet MTR’s growing spending needs for upcoming railway and real estate projects.

Asia's listed firms must raise their corporate governance to improve market conditions, as international investors continue to eye the US stock market, the Asian Corporate Governance Association has warned.

The loss-making Singapore-based airline, 49% owned by Qantas, has been hit by supplier costs, airport fees, aviation charges, and growing capacity and competition in the region; Qantas, which has been impacted by Cyclone Alfred, said Singapore remains a "critical hub".

The proceeds from institutional investors will be primarily used to support the Luang Prabang Hydroelectric Power Project in Laos.

Hong Kong stocks and listings have performed well since the start of the year as depressed valuations and budding confidence has shifted capital away from US stocks; more listings this week show the momentum is here to stay, despite tariff uncertainty.

The outgoing chairman of HSBC is set to start in October to replace AIA's non-exec chairman Edmund Sze-Wing Tse, who is retiring from his position after 60 years at the life insurer.

The bonds' five tranches raised HK$27bn, with the 30-year HKD infra bond being the longest tenor of a HKD-denominated government bond; the issuances are set to extend the HKD benchmark yield curve.

Zhang Wenjie will return to the bank as Citi’s country officer and banking head for China in July.

The firm saw net asset values decline across the financial year, however net property income and revenues grew, with high occupancy rates amid challenging conditions.

The rapid pandemic detection system BioRadar is developed by Hai Kang Life, which FA understands is in discussions with a number of countries and investors.