FA understands the bank is making a number of senior leadership changes and hires across ECM, investment banking and technology, in Hong Kong, Singapore, Sydney and San Francisco; including Apac Equity Syndicate leader and head of SEA ECM.
As Hong Kong looks to integrate more with Asean's economies, Thailand joins Indonesia and Singapore as a Recognised Stock Exchange in the Special Administrative Region.
The city will “regularise” the issuance of tokenised bonds, according to Hong Kong's financial secretary at his latest Budget speech; Chan is expecting GDP growth of 2% to 3% in 2025.
Rmb internationalisation faces challenges from Trump’s determination to keep the US dollar as the leading global currency; FA understands that Hong Kong is taking a more "commercial" approach.
The international law firm has appointed Gaven Cheong as partner within the funds team in the Special Administrative Region; he joins from Tiang & Partners.