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07/08/2025
Cao Cao Travel's stock price surged by over 10%. On the news front, Cao Cao Travel has entered into a strategic partnership with Victory Securities to unleash the value of green travel assets.
Latest
3 m ago
Trinity Forging: Subsidiary completes industrial and commercial change registration.
5 m ago
Dingxin Investment Group in Xinyang plans to issue RMB bonds with a final guidance price of 5.30% for a 3-year term.
5 m ago
The State Administration for Market Regulation unconditionally approves Haide Group's acquisition of Dehai Biotechnology.
6 m ago
A university survey in Thailand shows that the consumer confidence index in July was 51.7, down from 52.7 in June.
6 m ago
New World Development's stocks and dollar bonds have achieved the largest increase in several months. Reports have stated that the company and its controlling family are in negotiations for a potential financing deal worth up to $2.5 billion. New World Development's stock price in Hong Kong rose by 16% at one point, marking the largest increase in five months, but later retracted some of the gains. Credit traders have mentioned that some of New World Development's dollar bonds increased by approximately 2 cents for every $1 face value. Data shows that the company's bonds due in 2030 with a coupon rate of 4.5% are priced at around 53 cents, potentially marking the largest increase in two months. Octus reported on Wednesday evening that New World Development and the Cheng family behind it are in talks with Blackstone Group for a potential financing deal that may include preferred or common stocks, ultimately leading to a privatization offer jointly proposed by the Cheng family and Blackstone Group.
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