Disclosure of interests from the Hong Kong Stock Exchange shows that CTF Capital, owned by Henry Cheng's family, transferred around 53.93% (5.32 billion shares) of CHOW TAI FOOK (01929.HK) -0.050 (-0.437%) Short selling $45.94M; Ratio 35.307% shares last Friday (5th) to Beyond Luck Limited, a subsidiary of Chow Tai Fook Enterprises, through an off-market non-cash transaction.Beyond Luck is currently held around 65% by Chow Tai Fook Enterprises and 35% by CTF Capital. Upon this internal restructuring, Chow Tai Fook Enterprises will hold about 35% of CHOW TAI FOOK through Beyond Luck.Related News BofAS Cuts TP on SHK PPT (00016.HK) and WHARF HOLDINGS (00004.HK) on Policy Uncertainty Weighing on High-end Residential DemandAccording to CHOW TAI FOOK's 2025 annual report, CTF Holding wholly owns Chow Tai Fook Enterprises, which holds around 45.24% in NEW WORLD DEV (00017.HK) -0.150 (-1.904%) Short selling $11.77M; Ratio 23.931% .It is understood that Henry Cheng's family aims to strengthen the capital structure of the Chow Tai Fook series and unlock business value through an equity overhaul. Chow Tai Fook Enterprises will become the parent company of the family's core businesses, namely CHOW TAI FOOK, CTF SERVICES (00659.HK) -0.020 (-0.245%) Short selling $983.97K; Ratio 7.864% , and NEW WORLD DEV.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-03 16:25.)
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