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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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29.01.26 - 11:45
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Blackstone Reportedly In Talks to be Largest Shareholder of NWD (AAStocks)
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Blackstone Inc. (BX.US) is in advanced negotiations to become the largest single shareholder of NEW WORLD DEV (00017.HK), indicating a potential change of control, Bloomberg, citing people with the knowledge of the matter, reported. Under the proposed agreement, the US company will reshuffle New World, while New World can contin......
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29.01.26 - 07:30
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Hang Seng HKD Prime Lending Rate Remains at 5% (AAStocks)
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Hang Seng Bank has announced that its Hong Kong dollar prime lending rate remains unchanged at 5% p.a.The bank's Hong Kong dollar savings deposit rates also remain unchanged.~AAStocks Financial NewsWeb Site: www.aastocks.com...
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29.01.26 - 05:30
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Midday Takeaway: HSI Closes Midday at 27,975, Up 148 pts; HSTI Closes Midday at 5,860, Down 39 pts; SANDS CHINA LTD Down over 7%; XINYI GLASS, ZIJIN MINING, CNOOC, HENDERSON LAND, AIA Hit New Highs (AAStocks)
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At midday close, HSI rose 148 pts or 0.5% to 27,975. HSTI dropped 39 pts or 0.7% to 5,860. HSCEI gained 43 pts or 0.5% to 9,555.Active Heavyweights:PING AN (02318.HK) closed at $72.3, up 1.9%XIAOMI (01810.HK) closed at $36.88, up 1.5%CCB (00939.HK) closed at $8.15, up 1.5%TENCENT (00700.HK) closed at $623.5, up 0.4%BABA (09988.H......
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