The Hong Kong airline will pay $896m for the stake which was first bought by Qatar Airways in November 2017; the SAR is seeing a tourism bounce back. Source link
India’s Groww launches IPO, draws strong anchor investor support
India’s largest digital investment platform by active National Stock Exchange of India users, Groww, kicked off its highly anticipated IPO today, aiming to raise $754 million. Ahead of the public subscription, the company secured robust backing from anchor investors, a key pre-IPO event where large institutional buyers commit to shares, providing early validation and […]
Beijing makes serious push to drive consumption
China’s new five-year plan for 2026 to 2030 sets the stage for a decisive shift in the country’s economic strategy — one that places domestic consumption and reform at the heart of policy and moves away from the long-standing reliance on infrastructure and property investment. Analysts say the latest plan, which places greater weight […]
Starbucks to sell majority stake in China business
Starbucks Coffee Company is selling a majority stake in its China retail operations to Boyu Capital in a deal valuing the business at around $4 billion, as it seeks to reinvigorate growth in one of its most important markets. Boyu will hold up to 60% of the joint venture, with Starbucks keeping 40% and […]
MTR files for $25bn debt issuance programme, up from last year
Hong Kong’s mass transport railway operator, MTR Corporation, filed for a $25 billion debt issuance programme on the Hong Kong Stock Exchange (HKEX) on October 31. According to public disclosure, the programme enables debt issues from the company to raise up to $25 billion over the next 12 months after October 31, 2025. […]
Blackstone makes two deals in India
Blackstone has bought 9.9% of India’s Federal Bank and a majjority stake in P&C insurance broker Ace Insurance Brokers. ¬ Haymarket Media Limited. All rights reserved. Source link
Report suggests Hong Kong insurers and fintechs need to improve gender equality
Insurance and fintech companies were identified as two subsectors with the worst gender equality performance in Hong Kong’s finance industry, according to a recent report. ¬ Haymarket Media Limited. All rights reserved. Source link
AIIB-led partnership with Malaysian banks pledges $6bn to Asean green infrastructure
The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank, has entered into an agreement with four Malaysian banks, including Maybank, CIMB, AmBank and Bank Pembangunan Malaysia Berhad (BPMB), to jointly mobilise up to $6 billion in financing for sustainable and tech-enabled infrastructure projects across the Asean region. ¬ Haymarket Media […]
Token2049: Stablecoins move from frontier economies to the financial mainstream
Stablecoins may have begun as crypto’s quiet utility,however, in 2025, they are increasingly defining the global monetary landscape. Their reach now extends far beyond trading desks or blockchain developers — and are in the wallets of consumers and businesses in emerging markets who use them as real money. ¬ Haymarket Media […]
Cora Chiu to join Deutsche Bank from HSBC for North Asia role
Deutsche Bank has appointed Cora Chiu head of investment management (IM), North Asia effective December 16, according to a bank memo seen by FinanceAsia. ¬ Haymarket Media Limited. All rights reserved. Source link
