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NWD Once Hyped Up 6% in Early Trading on Reports of HKD87.5B Loan Refinancing Deal Close to Finish Line
Recommend 6 Positive 17 Negative 2 |
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NEW WORLD DEV (00017.HK) opened rallying 2.1% today (20th) and once leaped by 6.4% to a peak of HKD5.15 in early trading. It last traded at HKD4.95, up 2.27%, with a turnover of 7.386 million shares, involving HKD36.7759 million. NWD is close to reaching an agreement on an HKD87.5 billion loan refinancing plan and has received preliminary consent for the plan from all lending institutions, including banks that previously opposed it, Bloomberg reported, citing sources. AAStocks Financial News |
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