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30.01.26 - 03:00
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NWD Opens 5%+ Higher as Investor Approach Confirmed (AAStocks)
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NEW WORLD DEV (00017.HK) opened 5.57% higher at HKD11.75, with a volume of 784,000 shares, involving HKD9.212 million.Regarding media speculation about potential new investors into it, NEW WORLD DEV has issued a statement, clarifying that Chow Tai Fook Enterprises confirmed that it had been approached by several potential invest......
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29.01.26 - 17:30
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NWD says parent approached by investors after report links Blackstone to stake sale (SCMP)
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New World Development (NWD), the embattled Hong Kong property developer, said late on Thursday that its parent, Chow Tai Fook Enterprises (CTFE), has been approached by potential investors after reports that CTFE may sell part of its stake to Blackstone.
Bloomberg reported early that Blackstone – the world's biggest asset manager – was in discussion to become the single largest shareholder of NWD, citing people familiar with the matter.
Under the proposed arrangement, the US alternative asset......
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23.01.26 - 04:45
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Research: JPM Adds CHOW TAI FOOK TP to $17, Keeps Overweight Rating (AAStocks)
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CHOW TAI FOOK (01929.HK)'s 3FQ26 retail sales value (RSV) grew 18% YoY, beating forecast, JPMorgan released a research report saying. Furthermore, benefiting from favorable factors such as improved product mix, channel optimization, higher gold prices and cost control, the Company's profit margin performance was strong.C......
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22.01.26 - 09:00
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Research: Macquarie Adds CHOW TAI FOOKs TP to HKD19.8 w/ Rating Outperform (AAStocks)
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CHOW TAI FOOK (01929.HK) saw same-store sales growth of its self-operated and franchise stores in mainland China increase from 7.6% and 8.6% in 2FQ26 to 21.4% and 26.3% in 3FQ26, according to a report from Macquarie. Same-store sales growth in Hong Kong and Macau also rose from 6.2% to 14.3%.The group's management expects th......
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21.01.26 - 10:00
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CHOW TAI FOOK Retail Sales Value Hikes by 17.8% YoY Last Quarter (AAStocks)
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CHOW TAI FOOK (01929.HK) announced that, for 3FQ ended December 2025, the retail sales value (RSV) growth was 17.8% YoY. Of which, the Chinese Mainland contributed a 16.9% increase, while Hong Kong, Macau and other markets rose by 22.9%.In the Mainland, same store sales growth (SSSG) of self-operated stores enhanced to 21.4%, wh......
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19.01.26 - 00:06
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Chow Tai Fook′s Henry Cheng reveals Hong Kong empire′s win-win investment philosophy (SCMP)
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Chow Tai Fook Enterprise (CTFE), the parent of embattled New World Development (NWD), will keep pursuing deals that create “win-win outcomes”, chairman Henry Cheng Kar-shun said as he revealed the private investment holding company's philosophy for the first time.
While all investors love to talk about mutual benefit, Cheng told the Post – in his first statement to the media in more than two years – that it was more than pretty words for CTFE. The organisation ran with the discipline of an......
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23.12.25 - 04:30
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Cheng Family Plans to Sell Rosewood Hotel in London: Wire (AAStocks)
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The Cheng family has appointed advisors to sell the Rosewood Hotel located in Holborn, London, Bloomberg reported, citing sources.A spokesperson for Rosewood Hotel Group stated that their brand is not for sale and all properties are operating as usual. Chow Tai Fook Enterprises, the Cheng family's unlisted investment platfor......
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19.12.25 - 08:12
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Rosewood presses ahead with global expansion after sources say hotel brand is not for sale (SCMP)
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Rosewood Hotel Group said on Friday it was pushing ahead with its global expansion, announcing new openings including its first ski resort, just days after sources said Chow Tai Fook Enterprises (CTFE), the private investment holding company of the Cheng family and the parent firm of debt-ridden New World Development (NWD), had no plans to sell the prized asset.
The privately owned hotel operator said Rosewood Courchevel Le Jardin Alpin, an alpine resort in the French Alps, opened on schedule,......
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12.12.25 - 03:00
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Chow Tai Fook Enterprises to Sell Australian Power Biz for HKD33.7B+ (AAStocks)
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Sembcorp Industries, a company listed on the Singapore Exchange, announced the acquisition of the entire equity of Australian energy retailer and generator Alinta Group from Chow Tai Fook Enterprises, the investment flagship of the Cheng family, for AUD6.5 billion, equivalent to around HKD33.76 billion.Alinta operates in energy ......
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