MTR Prices €3bn Green Bond
Hong Kong’s MTR Corporation priced its inaugural Euro‑denominated public green bond on June 3, raising €3 billion (approximately $3.5 billion). The issuance was split into three tranches with maturities of 8, 12 and 20 years and was heavily oversubscribed. This follows a series of green bond deals in Hong Kong and Australia earlier in 2026, underscoring growing appetite for ESG‑linked debt in the region. The proceeds are earmarked for sustainable transport projects across MTR’s network.
Asia Pacific Deal Flow Improves; Remains Differentiated by Credit Quality
Capital is returning to Asian debt markets, with emerging‑market investors pouring $58.3 billion into the region in April after a $66.2 billion outflow in March. Fitch Ratings notes that stronger sovereigns, banks and corporates continue to secure funding, while higher oil prices...
Rio Tinto Warns Market Uncertainty Threatens Critical Mineral Supply
Rio Tinto warned that while governments are accelerating policies to secure critical mineral supply chains for batteries, semiconductors, AI infrastructure and defence, the commercial conditions needed to unlock large‑scale new supply remain uncertain. The mining sector says investment decisions still...
Beijing Clarifies Outbound Investment Rules After Manus Deal Block
China’s State Council has issued new outbound investment rules that take effect on July 1, 2026, mandating approval for overseas transfers of goods, technologies, services and related data subject to export controls. The regulations broaden Beijing’s oversight of capital outflows and...
Pfizer Signs Potential $10.5bn Oncology Licencing Deal with China’s Innovent
Pfizer has signed a global licensing agreement with China’s Innovent Biologics to co‑develop and co‑commercialize up to 12 oncology drug candidates. The deal includes an upfront payment of $650 million and could total $10.5 billion over its life. Innovent will receive co‑commercialisation...
China Issues Rmb6bn Green Sovereign Bond in Hong Kong
On May 28, China’s Ministry of Finance issued a RMB6 billion ($880 million) green sovereign bond in Hong Kong, marking the first direct green sovereign issuance by Beijing in the city. The bond is aimed at financing renewable energy and low‑carbon projects,...
ADB Launches $70bn Push to Connect Asia's Power Grids and Digital Networks
The Asian Development Bank announced a $70 billion initiative to modernize Asia’s energy and digital infrastructure by 2035. The program will fund cross‑border power‑grid interconnections and create an “APAC Digital Highway” that expands broadband access across the region. By linking electricity...
China Hongqiao Group Issues Rmb10.2bn Convertible Bond
China Hongqiao Group, the HKEX‑listed aluminium giant, issued RMB 10.2 billion (≈US$1.49 billion) of zero‑coupon, US‑dollar‑settled convertible bonds due 2027. The issuance was completed on May 5 alongside a concurrent share‑repurchase program. Hongqiao plans to use the proceeds to stockpile bauxite, refinance existing debt,...
OCBC Expands in 'Key Growth Market' Indonesia by Buying HSBC's Retail and Wealth Business
Singapore‑based OCBC Bank announced it will acquire HSBC’s Indonesian retail banking and wealth management unit, PT Bank HSBC Indonesia. The deal, slated to close in 2027, will add roughly 25% to OCBC Indonesia’s assets under management and boost its credit‑card...
Private Credit's Wobble Could Be Fixed Income's Moment
Private credit is experiencing a noticeable slowdown as fundraising hits its weakest quarterly level and default rates climb, prompting investors to reassess risk. Capital Group observes that the unease is nudging new capital toward public fixed‑income securities, which are perceived...
CATL's Shares Fall Amid $5bn Placement
Chinese EV battery leader CATL announced a US$5 billion share placement, pricing the new shares 7% below the prior day’s closing price. The deal involves 62.4 million shares at HK$628.20 (≈US$80.2) each, subscribed by six independent investors. The discounted pricing triggered a...
Winner Spotlight 2026: The Raine Group
The Raine Group advised The Walt Disney Company on an $8.5 billion merger that combined Disney’s Indian assets with Reliance Industries’ media holdings, creating the JioStar joint venture. The transaction is the largest media M&A ever completed in India and the...
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Winner Spotlight 2026: BDO Capital
BDO Capital earned multiple FinanceAsia awards for its landmark project‑finance and structured‑finance transactions in the Philippines. It arranged a Php150 billion ($2.6 billion) senior secured term‑loan for Terra Solar, the country’s largest syndicated loan and the world’s biggest integrated solar‑plus‑storage project. The...
Natixis CIB Opens GIFT City Branch
Natixis Corporate & Investment Banking has opened a new branch in Gujarat International Finance Tec‑City (GIFT City), India’s dedicated financial services SEZ. The French bank joins a growing list of foreign institutions establishing a presence in the hub to tap...
A&O Shearman Names New Greater China Leadership Team
A&O Shearman announced a reshuffle of its Greater China leadership, effective May 1. Cindy Lo will step into the role of regional managing partner, while Roger Lui will assume the senior partner position for the region. The appointments are part of...