New World Development suspends trading amid rescue talks
Briefing by News4U · First published
SCMP Business reported that New World Development suspended trading of its shares and 14 bonds on Friday morning pending an announcement, after Bloomberg reported that Chow Tai Fook Enterprises was seeking about HK$5 billion in financing. [1]
Sources
- Hong Kong’s New World Development suspends trading as financial rescue speculation mounts
SCMP Business · · Summary only