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AMTD Digital’s TGE Acquires 100th Ritz Carlton Hotel

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AMTD Digital’s TGE Acquires 100th Ritz Carlton Hotel

TipRanks Black Friday Sale

AMTD Digital, Inc. Sponsored ADR ( (HKD) ) just unveiled an announcement.

On November 14, 2025, The Generation Essentials Group, a subsidiary of AMTD Digital Inc., announced its agreement to acquire the 100th Ritz Carlton Hotel, located in Perth, Australia. This acquisition marks a significant step in TGE’s expansion in the global hospitality sector, enhancing its portfolio with a landmark property at Elizabeth Quay, featuring luxury accommodations and amenities. This move is expected to bolster TGE’s presence in the hospitality industry and provide stakeholders with increased opportunities for growth and engagement.

The most recent analyst rating on (HKD) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on AMTD Digital, Inc. Sponsored ADR stock, see the HKD Stock Forecast page.

Spark’s Take on HKD Stock

According to Spark, TipRanks’ AI Analyst, HKD is a Neutral.

The overall stock score is primarily impacted by financial performance challenges, including declining revenue and high leverage. Technical analysis indicates a bearish trend with potential oversold conditions. The lack of valuation metrics further contributes to uncertainty in the stock’s pricing.

To see Spark’s full report on HKD stock, click here.

More about AMTD Digital, Inc. Sponsored ADR

AMTD Digital Inc. is a comprehensive digital solutions platform headquartered in France, operating key business lines including digital media, content and marketing services, investments, as well as hospitality and VIP services. It is part of the AMTD Group, a conglomerate with interests in media, entertainment, education, and premium assets. The Generation Essentials Group, a subsidiary of AMTD Digital, focuses on global strategies in multimedia, entertainment, cultural affairs, and hospitality.

Average Trading Volume: 5,737,417

Technical Sentiment Signal: Sell

Current Market Cap: $520.4M

See more data about HKD stock on TipRanks’ Stock Analysis page.

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