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Equinix issues S$500m green bond in Singapore debut
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The money raised from the 3.5% notes, due in 2030, will go towards the data infrastructure firm's green projects such as energy efficiency at its data centres across Apac; DBS, Standard Chartered, HSBC and OCBC helped secure the bond.
China’s Two Sessions set to boost foreign investment in Chinese equities
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Analysts are betting that US president Donald Trump and his Chinese counterpart Xi Jinping will strike a deal, which would spur US players to buy Chinese stocks, just as overall sentiment for mainland China and Hong Kong improves.
Capital Group cites US productivity growth amid long-term optimism
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Capital Group's Andy Budden, investment director, equities, and Manusha Samaraweera, investment director, fixed income, discussed US productivity growth, high tech valuations, rate cuts, the importance of multinationals, and more, in Singapore last month.
Minor International: steering a new path for sustainable finance in Thailand
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By completing the first sustainability-linked bond in Thailand’s hospitality industry – also a first-of-its-kind for this sector across Asia – Minor International (MINT) secured the FinanceAsia Achievement Award for Best Bond Deal in Thailand, proudly accepted by Rawikan Inchaiwong, VP of Treasury, Minor International.
IWD: Why female sustainability investors can help drive returns in Apac
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Studies have shown the positive correlation between having female investors or fund managers on team, and portfolio returns. Female finance leaders told FA that a diversity of experiences and skills are important in a fast-evolving sector.
IWD: The importance of female sustainable finance leaders
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Despite numerous challenges, which are growing under Trump’s second administration, sustainable finance might be an area where females are more likely to excel and take leadership roles, including in Asia; senior leaders gave FA their opinions.
Seven & i Holdings agrees sale of superstore business to Bain; will IPO US unit
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The Japanese parent company of 7-Eleven, under bid from a Canadian rival, has said it will replace its chief executive officer, spin off its US business and has agreed to sell its superstore business to Bain Capital.
BlackRock consortium agrees $22.8bn ports deal with CK Hutchison
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BlackRock, Global Infrastructure Partners and Terminal Investment will control the two ports in the Panama Canal; the deal includes ports in Asia, Australia, Europe, and the Middle East, but not in Hong Kong or mainland China. CK Hutchison's co-managing director Frank Sixt said the deal "is purely commercial in nature".
HKEX enjoys boost from mainland Chinese firms and investors
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Bubble tea maker Mixue has listed this week as the market bounces back with a flurry of listing activity expected this year, with mainland Chinese investors increasing use of the Stock Connect; Middle East firms could also seek listings, although other foreign firms could be harder to attract.
China hits US with retaliatory tariffs as trade war threat grows
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China has hit the US with retaliatory tariffs on a series on products including soybeans, chicken, beef and pork, of up to 15%, after the US decided to impose further 10% tariffs on Chinese imports as of March 4.
Industrial Bank (HK branch): taking a leadership role within Asian structured finance
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By showcasing its innovative financing capabilities and strategic approach to execution, the key role that Industrial Bank Co., Ltd. (a joint stock company incorporated in the People's Republic of China with limited liability), Hong Kong Branch played on Ascendent Capital Partners’ acquisition of Hollysys Automation Technologies secured a ‘Best Structured Finance Deal’ award from FinanceAsia.
KKR snaps up majority stake in India's Healthcare Global Enterprises from CVC
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The $400m deal will see KKR acquire up to 54% of equity from CVC, and will take a possible total 77% stake of the Indian cancer care specialist; KKR made several significant investments into Indian healthcare last year.
Carlyle's Hexaware Technologies seals $1bn India IPO
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The global IT services firm, which uses AI, is still majority owned by Carlyle; the listing on the BSE and NSE is the largest technology services IPO and largest sponsor-owned IPO in India. There were five banks involved.
HSBC pre-tax profit climbs 6.6% to $32.2bn; plans $1.5bn cost savings by end of 2026
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HSBC's chief executive Georges Elhedery said the bank is on track to make $300m of savings by the end of 2025; the London-headquartered bank has also exited its Bahrain retail business and announced a $2bn share buyback.
Nissan downgrades FY forecast as Honda deal terminated
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Nissan is expecting a net loss of ¥80bn for the current fiscal year as the Japanese giant moves ahead with ¥400bn of cost savings, including reducing global capacity by 20%, with progress already made in China.
Trump’s steel tariffs fuel Apac uncertainty
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Retaliatory tariffs, a stronger dollar and several u-turns from the Trump administration are creating an uncertain outlook for 2025 and is pushing up the price of gold; meanwhile, Hong Kong and China are lodging complaints to the WTO.