HSBC Global Private Banking’s Post

A World in Turmoil Is Leading to ‘Decision Paralysis.’ An HSBC Study Shows a Way Out. #privateoffice #business #investing #lifestyle #diversify #wealth #goldenvisa #global #realestate #cre https://lnkd.in/gQF3zJ58

Competition for M&A deals is already heating up among banks across Asia, according to Simon Kavanagh, a partner at BDA Partners, a global investment banking advisory firm focused on Asia. In the second half of 2023, as deal flows slumped, the bulge-bracket banks in Asia started to relax their minimum fee thresholds and compete more aggressively for mid-market M&A deals, particularly in the $250 million to $500 million valuation range, Kavanagh said. And then there is the other inescapable factor: the sheer size of the China market. According to Kavanagh and others, a recovery in China is crucial for the overall Asia deal market in 2024. "There is nothing of scale in Asia ex-China that can make up for this year's anemic deal activity within China, or the lackluster HK IPO market," Kavanagh said. #bdapartners #theinvestmentbankingadvisorforasia #chinadeals #manda https://lnkd.in/gHSggUVV

Another BDA Partners banker in the news, this time our head of the #hongkong office Simon Kavanagh, who sees M&A competition increasing for 2024. Bulge bracket banks are relaxing fees to maintain market share, whilst BDA Partners is better placed to deliver sustainable value-add, with senior banker focus and local knowledge for similar fees. #bdapartners #manda #mergersandacquisitions #bulgebracket #theglobalinvestmentbankingadvisorforasia #localknowledge #asia

#Citi, amid its ongoing global reshuffle to slim operations, has taken the official step to begin setting up its China investment banking unit. The Wall Street bank could triple staffing in the business, which will focus on the domestic capital market, to nearly 100 in the coming years by making local hires and transfers from Hong Kong and other markets, a source told #Reuters It will be a bumpy road ahead. Its Chinese clients raised $20 billion last year in equity and debt capital overseas via the bank but local market is a different animal. In an economy that's arguably losing steam where its regulator doesn't hesitate to close the valve for capital flows into new listings just to prop up share prices, Citi needs a lot more than Jane Fraser's blessing to prove it's a viable business. https://lnkd.in/gQ5cvm6E #investmentbanking #IBD #china #wallstreet #IPO

From the key regional markets of Japan, India and China to trending sectors, join host Mark Fiteny and Paul Uren, Head of Asia Pacific Investment Banking, J.P. Morgan, to get the update on where the bright spots in investment banking activity are in Asia Pacific. Hear the latest on private equity and financial sponsor activity, M&A and how to capitalize on current market opportunities across the region. https://lnkd.in/gdpz7USX

Are you in the wealth/investment management business, especially with clients from Asia? This short article points out the potential changes in world wealth attributed to Asia.

The performance and asset quality of securitisation transactions are expected to remain sound across the Asia Pacific, according to MUFG executives at the recent ABS Asia 2024 conference in Hong Kong, an annual gathering for global structured finance professionals. Notwithstanding market events from the Global Financial Crisis to the COVID-19 pandemic, securitisation markets in APAC have remained resilient, with overall transactions continuing to demonstrate fairly stable asset performance. The conference hosted more than 450 investors, issuers, and industry professionals. In the opening panel discussion, Taemoon Chung, MUFG’s Head of Securitisation & Fund Finance, APAC, shared his outlook on regional market performance trends and challenges as well as the growing interest of using securitisation as a funding tool in emerging economies across the region. This was followed by further insights from Tony Chen, MUFG China’s Head of China Debt Capital Markets, elaborating on the Mainland Chinese market, while John Stormon, MUFG’s Head of Securitisation, Australia & New Zealand and Deputy Head of Fund Finance, APAC, moderated a discussion on securitisation’s role in infrastructure development. Representatives from financing platforms Clifford Capital Holdings and The Hong Kong Mortgage Corporation Limited also spoke on their recent project finance/infrastructure loan backed securities (ILBS) transactions. #MUFGAPAC Invisso #ABSAsia

J.P. Morgan's steadfast dedication to Hong Kong as a financial cornerstone is evident in its century-long presence in the city.   President and Chief Operating Officer Daniel Pinto reiterated confidence in Hong Kong's resilience, emphasizing the bank's unwavering commitment to continued investment despite economic fluctuations. "We will persist in our current operations and pursue growth," stated Pinto, highlighting the bank's steadfast strategy in navigating market dynamics. Recognizing China's pivotal global role, Pinto stressed, "China's prominence as the world's second-largest economy presents opportunities." He emphasized the importance of prudent decision-making amid evolving economic landscapes. Pinto emphasized Hong Kong's pivotal position in global finance, urging the government to nurture an environment conducive to its sustained eminence. "The potential for growth in China is substantial," he noted, advocating for Hong Kong to maintain its global financial hub status. #Growth #Business #Opportunity #HongKong I South China Morning Post SCMP I Mia Castagnone

Few topics are more important to global finance than the future of China’s $13 trillion credit market, home to some of the world’s biggest borrowers and an unprecedented pile of distressed debt. To provide insight into what lies ahead, Bloomberg News brings you the inaugural China Credit Forum, featuring the unique experience of a special live broadcast of The China Show in front of an in-person audience from our Hong Kong office auditorium. Journalists behind The Brink, our twice-weekly newsletter focused on the world of distressed debt, are teaming up with Bloomberg Television for the event, which will also delve into areas including private credit. Register here: https://bloom.bg/3Pp0S0F #finance #credit

Few topics are more important to global finance than the future of China’s $13 trillion credit market, home to some of the world’s biggest borrowers and an unprecedented pile of distressed debt. To provide insight into what lies ahead, Bloomberg News brings you the inaugural China Credit Forum, featuring the unique experience of a special live broadcast of The China Show in front of an in-person audience from our Hong Kong office auditorium. Journalists behind The Brink, our twice-weekly newsletter focused on the world of distressed debt, are teaming up with Bloomberg Television for the event, which will also delve into areas including private credit. Register here: https://bloom.bg/3IDHXeD #finance #credit