EconomyHong Kong’s New World Development suspends trading amid financial rescue speculation

Hong Kong property developer New World Development halted trading in its shares and a series of bonds on Friday morning pending an announcement. A Hong Kong exchange filing said its shares and 14 bonds issued by wholly owned subsidiaries and guaranteed by the company were suspended at 9am. Bloomberg had reported that Chow Tai Fook Enterprises was seeking about HK$5 billion.

New World DevelopmentHong Kong propertytrading suspensionfinancial rescue

SSouth China Morning Post★★★☆☆2026-11-13 02:14Original