As ties build between Hong Kong and Abu Dhabi, the two exchanges are exploring joint initiatives in market promotion, ETFs, ESG-related products, cross-listings and "other areas of mutual interest".

Cornerstone investors in the tech firm's listing include Hillhouse Investment Management, Taikang Life Insurance and Grab; net proceeds were $514m and the firm's valuation climbed above $4.6bn on its September 16 debut.

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.

David Wang and Meka Meng have joined from Paul Hastings in Shanghai and Beijing.

David He, who has global experience across M&A, private equity and restructurings, joined from Gunderson Dettmer at the beginning of September.

Hong Kong’s Stablecoin Law is cementing the financial hub’s digital ambitions, however pending US crypto laws are keeping regulatory competition tight as both chase the growing opportunity.

Banks are looking to overhaul risk frameworks as US tariff actions collide with Asia’s export dependence. Experts shared their views on how regulators are embedding geopolitical shocks into stress scenarios, while banks turn to tech and client engagement to prepare for strains likely to surface in 2026.

The buyers of the multifamily assets were sovereign wealth funds and follows the closure of a hotel real estate fund in July.

Quentin Galmiche will start the role in Hong Kong on September 1; he first joined the French bank in 2009.

The funds were raised to further support the firm’s cleaner energy supply to remote mining sites across Australia; this is the first debt fundraising from Octa Group.