The proposal values the group at $4.2bn and will involve delisting from the Singapore Exchange. Alibaba and Ant Group have agreed to buy 13 floors of Mandarin Oriental's new Hong Kong office building One Causeway Bay; the group is expanding in Seoul.

Hari Janakiraman, head of industry and innovation, transaction banking at ANZ, discussed legal frameworks, digital standards and tokenisation pilots, including Australia's Project Acacia, with FA in an exclusive interview.

The HK$155 a share offer is a 33% premium over Hang Seng's 30-day average closing price; HSBC already owns 63% of the HKEX-listed bank. Hang Seng's after tax profits declined 30% in H1 2025. HSBC has paused buybacks.

The division of the Swiss company has a workforce of approximately 7,000 and had revenues of $2.3bn in 2024; SoftBank is looking to fuse artificial super intelligence and robotics.

Over the last few months, the French bank has created several new roles and made key hires to bolster its presence in the region, including in mainland China.

The Chinese telecom group's zero coupon, five-year, convertible bonds are listed on the HKEX and are convertible into fully paid H shares; the issuance follows recent ones from the likes of Henderson Land.

Jig Patel has previously helped build out Goldman Sachs' Asia prime business; the bank is looking to increase its prime headcount in the region by up to 10%.

The fund name is Eastgate-Samty Hospitality Fund I LP, and the hotels are in Tokyo, Nagoya, Kyoto, Fukuoka, Hiroshima and Nagasaki.

The Series A+ round was led by Nikko Asset Management, with support from Peak XV, Prosus, Saison Capital, and founder Walter de Oude; the Singapore-headquartered firm has also been granted a licence for Hong Kong.

The rationale behind all the winners in Brunei, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.