Register to chat with like-minded investors on our interactive forums.
| Name | Symbol | Market | Type |
|---|---|---|---|
| New World Dev Co Ltd (PK) | USOTC:NDVLY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0019 | 0.53% | 0.36 | 0.2065 | 0.484 | 0.376 | 0.31 | 0.3691 | 9,166 | 20:46:11 |
From Mar 2020 to Mar 2025
China Development Bank Corp. said Tuesday it has established a firm in Hong Kong for its offshore investment activities.
The company, CDB International, has signed strategic partnerships with private equity firms TPG Inc., Kohlberg Kravis Roberts & Co. and Permira, as well as Hong Kong-listed property outfit New World Development Co. (0017.HK), underscoring its effort to participate in direct investment and asset management overseas, the Chinese government-owned lender said.
"The new investment firm will make use of Hong Kong as an international financial hub for China...and hopes to become a financing platform for Chinese companies to 'go outside' and foreign companies to get into China," said China Development Bank chairman Chen Yuan at an opening ceremony for CDB International.
-By Fiona Law, Dow Jones Newswires; 852-2802-7002; fiona.law@dowjones.com
1 Year New World Dev (PK) Chart |
1 Month New World Dev (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
