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| HSI1 | 24,498.95 | -18.81 | 236.41B |
| HSCEI1 | 8,853.10 | -8.29 | 74.68B |
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2025-07-17 10:12:44 Rumor has it that NEW WORLD DEV (00017.HK) is seeking to sell the 11 SKIES mall located at Hong Kong International Airport at a loss. UBS wrote in its report that if the sale of the 11 SKIES mall is successful, it will serve as a positive catalyst for NEW WORLD DEV as the project involves contingent liabilities, namely a guaranteed minimum annual rental share of HKD1.8 billion to the Airport Authority starting from 2028. UBS gave NEW WORLD DEV a Sell rating, with a target price of HKD4. ~ AAStocks Financial News Web Site: www.aastocks.com | |