Hong Kong Builder New World Asks Banks to Extend Loans [Yahoo! Finance Canada]
HENDERSON LD DEV S/ADR (HLDCY)
NASDAQ:AMEX Investor Relations:
hld.com/en/investor/presentations.shtml
Company Research
Source: Yahoo! Finance Canada
Most Read from Bloomberg It's unclear how much of a delay the builder is seeking for each loan. But the efforts show the company — which had total liabilities of HK$220 billion ($28.3 billion) at the end of June — is exploring ways to alleviate financial pressure after recording its first annual loss in two decades. Perpetual notes from the developer of projects including the K11 Art Mall in Hong Kong's shopping district of Tsim Sha Tsui were earlier indicated down 5.8 cents at a record low of 40.3 cents. Its 4.5% dollar notes due in 2030 have also dropped about 18% this week to the lowest since August 2023. The company's shares fell almost 7% Wednesday to extend declines over the past month to some 26%. Controlled by the family empire of tycoon Henry Cheng, New World has been one of the most closely watched property firms due to its high leverage. Hong Kong's prolonged property downturn has left it grappling with tighter investor scrutiny in recent years. Its net debt to equit
Show less
Read more
Impact Snapshot
Event Time:
HLDCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HLDCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HLDCY alerts
High impacting HENDERSON LD DEV S/ADR news events
Weekly update
A roundup of the hottest topics