Chow Tai Fook (00659.HK) plans to issue 850 million Hong Kong dollars worth of 2.8% convertible bonds.

Capital Finance APP News, Chow Tai Fook (00659.HK) announced that it is recommending the simultaneous repurchase of 780 million Hong Kong dollars of 4.00% convertible bonds due in 2025. On July 10, 2025, the exclusive transaction agent signed a transaction agent agreement with the company. According to this agreement, the exclusive transaction agent has been appointed to assist the company in collecting intentions from existing convertible bondholders who may be willing to sell their existing convertible bonds to the company.