News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>JPM: NEW WORLD DEV (00017.HK) Interest Payment Delay Negatively Impacts HK CRE Mkt; HK Banks' Earnings Risk May Intensify This Yr
NEW WORLD DEV (00017.HK) will delay the payment of interest on its perpetual bonds, JPMorgan released a research report saying. Although this does not constitute a technical defaul...
Reset
Send
The window will close in 5 seconds
<Research>JPM: NEW WORLD DEV (00017.HK) Interest Payment Delay Negatively Impacts HK CRE Mkt; HK Banks' Earnings Risk May Intensify This Yr
Close
Recommend
41
Positive
54
Negative
38
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Selected Gold ETF share!

NEW WORLD DEV (00017.HK)  +0.490 (+6.042%)    Short selling $8.87M; Ratio 13.621%   will delay the payment of interest on its perpetual bonds, JPMorgan released a research report saying. Although this does not constitute a technical default, it is an unexpected negative factor, indicating that the risk mitigation process in Hong Kong's commercial real estate (CRE) market may be marginal and gradual.

JPMorgan believed that the earnings risk for local banks in Hong Kong may intensify for the remainder of this year. The broker also estimated that HIBOR is unlikely to rebound to the previous level of over 4%, posing a significant downside risk to the net interest income of Hong Kong banks.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)

Related News G Sachs Raises HK Home Prices Forecast to +15% This Year; Favors HENDERSON LAND (00012.HK), SHK PPT (00016.HK); Cuts NEW WORLD DEV (00017.HK) TP

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.