Investors in a faith-based asset look forward to higher highs and higher lows, even as regulators crack down once more.

Years of tough but successful IMF-led reforms have put Egypt in a great place to rebound strongly from Covid. Its future will be shaped by big infrastructure projects and by a plan to transform the nation into a powerhouse of green finance.

2020 was a breakout year for China’s financial and capital markets. The next 12 months could be just as busy, as regulators rush to approve a host of licences lodged by global financial institutions.

DBS’s deal to buy 13% of a young and privately owned bank in Shenzhen highlights not only China’s vast growth opportunities post-Covid but also the potential of the cross-border Greater Bay Area.

Buying a 10% stake in China Merchants Bank’s wealth management arm for $415 million gives JPMorgan greater access to China’s vast private wealth market. It is a deal that benefits both parties, and underscores JPMorgan’s quiet but concerted success story in Asia’s largest economy.

Recent reports by UBS and consultancy Bain set out to explain who China’s high net-worth individuals are, what kind of private banking services they want and how local and global lenders can best serve them.

UBS has applied to buy out two minority investors in its China joint venture, boosting its stake in Beijing-based UBS Securities to 67%. The bank’s strong and long-standing relationship with the owner of the other 33%, a division of Beijing local government, is a timely reminder that there is no one right model for success in China.

Deliveroo’s pending stock sale gives London a much-needed financial boost, but the global IPO market is becoming a straight fight between China and the US.

The RMB7 billion emergency loan handed out by the New Development Bank to China this week will be the last of its kind, the Shanghai multilateral’s CFO Leslie Maasdorp tells Euromoney.

HSBC has been talking about pivoting to Asia for decades. Now, it doesn’t just mean Hong Kong and its immediate surroundings. It is about time.

That China wants – needs – to put its own spin on the events surrounding Ant Group’s failed IPO last year is clear from recent leaks by mainland officials.

Laos has twice postponed a bond that it badly needs to issue. A small country with few financing options, hit by Covid, downgraded and in debt to China – its problems are not unique.

It’s an asset class that took years to establish itself in China and Asia. But investors are turning their attention to an asset class that promises chunky returns without the risk borne by primary buyout funds.

One impact of the pandemic in Asia is that it is going to make for a radically different Chinese New Year.

The founder of Ant Financial disappeared for three months after Chinese regulators nixed the firm’s record-breaking IPO. Despite some unwise comments about state banks, Jack Ma is now back, looking as puckish and cheery as ever.

After seeing its IPO scratched, China’s Ant Group may have thought that things couldn’t get any worse. But they have, as Beijing takes a hammer to the humbled financial technology firm.

The worst is over, but bad loans are back on the agenda at China’s largest lender.

Inclusivity takes a back seat to pandemic preparedness in a tough year, but it remains on the agenda for the Chinese bank.

The last-minute decision by a unit of China Construction Bank to cancel a trailblazing digital bond sale on a virtual exchange in a Malaysian island tax haven appears connected to a Chinese clampdown in the wake of the axing of Ant Group’s IPO.

China has done very well out of Singapore’s new digital banking regime, with Ant and Tencent both represented. Grab and Singtel fly the local flag.

Over the course of five working days in November, Chinese legislators got more done than most US presidents achieve in an entire term in office.

Nobody had more to lose from the suspension of the Ant float than the bookrunners, in particular the joint sponsors. They had closed books on a record deal that looked good not just for them and Ant but for the Greater China capital markets. There are many questions about what happens next: how should Ant be reshaped to revive the listing and who should share the blame for not responding to shifting regulatory sands?

China’s decision to scrap Ant Group’s IPO made headlines around the world. But why did the Party act so late and why is it so concerned about Ant? Euromoney looks at the reasons behind the decision and asks what the future holds for a firm hemmed in by a raft of new rules on everything from online lending to anti-trust and data privacy.

Trade deal brings together 15 Asian nations; banks jostle to benefit.

China’s asset management industry barely existed 20 years ago. By 2030 it will be the world’s second largest. There are myriad ways for foreign firms to get it right – or horribly wrong. Here are Euromoney’s precepts for a better chance of winning – and avoiding failure.

Politicians in the US and China warn of decoupling, but at a financial level the two countries are closer than ever. China needs US money and help to build its capital markets. US funds are snapping up mainland securities as they tap into the great investment opportunity of the 2020s. It’s a perfect match.

Does a rare CDR deal in China this month herald a kick-start for the asset class?

The BRICS economies, which between them represent 40% of the world population and 32% of its GDP, are a powerful force for the private banking industry as their economic engines drive wealth creation. But they are all distinct markets with their own unique opportunities and challenges.

A pilot scheme taking place in Shenzhen this week offers a glimpse into China’s plans to build the world’s first national digital currency.

What can we learn from the China Investment Corporation’s latest numbers, which cover the year prior to Covid?