Chow Tai Fook Enterprises is seeking to refinance a loan of approx. $7.3 billion due in June, and is currently in preliminary discussions for a potential five-year loan, Bloomberg quoted sources as saying.Chow Tai Fook Enterprises is the largest shareholder of NEW WORLD DEV (00017.HK) -0.120 (-1.487%) Short selling $4.00M; Ratio 31.384% . NEW WORLD DEV has been facing financial constraints in recent years. Related News BofAS Expects Hong Kong Property Developers to Be More Cautious on Price Increases; Most Developers' EPS Has Bottomed OutGiven that Chow Tai Fook holds over 40% of NEW WORLD DEV's shares, its financing activities are closely watched and considered an indicator of banks' confidence in Hong Kong's real estate sector.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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