Issuances for offshore Rmb bonds now exceed Rmb1 trillion -- transitioning from a policy ambition to a commercial solution in less than two decades. Christopher Chu examines the trend, which started in 2007, as part of FA’s 30th anniversary coverage.

Singapore's ST Telemedia Global Data Centres has 2.3GW of design capacity across 12 markets in Asia Pacific, the UK and Europe; it is the largest ever data centre deal in SEA.

Chinese transactions are benefitting from a booming IPO market in Hong Kong, which is driving Asia growth from a low base.

Weak exports, inflation and a lack of foreign investment continue to weigh on the Southeast Asian nation; remittances are one bright spot.

Proceeds from the one-year zero coupon guaranteed bonds will be used to support the non-ferrous metal company’s overseas business.

The fundraise includes $1.8bn for KKR Asia Credit Opportunities Fund II as the investment giant sees growing investor demand for allocation to private credit in the region; the fund has been used for deals in Hong Kong, India and Australia.

The southeast Asian country continues its diversified sovereign fundraising, while its fiscal deficit for 2025 widened to 2.92%.

As Hong Kong's primary debt market continues to be attractive, underwriters said the bond will provide a reliable benchmark for future HKD-denominated offerings.

The offerings attracted public sector institutions, banks, asset managers, corporates and private banks, with particularly strong participation from Asia.