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
AAHK Spokesperson: Continuous Talks w/ NWD on 11 SKIES Project
The Airport Authority Hong Kong (AAHK) is in talks with NEW WORLD DEV (00017.HK), considering finding a new partner to undertake and complete the 11 SKIES project, with the financi...
Reset
Send
The window will close in 5 seconds
AAHK Spokesperson: Continuous Talks w/ NWD on 11 SKIES Project
Close
Recommend
6
Positive
12
Negative
8
 
SHORT SELL
 
STOCK INFO

The Airport Authority Hong Kong (AAHK) is in talks with NEW WORLD DEV (00017.HK)  +0.070 (+1.087%)    Short selling $24.79M; Ratio 24.210%   , considering finding a new partner to undertake and complete the 11 SKIES project, with the financial terms being still under negotiation, reported the South China Morning Post.

The discussions reportedly focus on the retail, dining, and entertainment areas of 11 SKIES, while the three office towers are not part of the discussions, sources divulged.

Related NewsHSBC Research: HK Property Sector's Worst Cycle Over; Home Prices Expected to Hike 2%/ 3% in 2025/ 2026
An AAHK spokesperson responded that they are confident in the development of the "Airport City", having maintained close communication with NWD on the 11 SKIES project.

The discussions are positive with good progress, the spokesman added, and the AAHK continues to aim for a phased opening of the 11 SKIES facilities starting mid-2026.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)

AASTOCKS Financial News
Website: www.aastocks.com
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.