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AMTD Digital’s TGE Acquires 50% Stake in Ritz Carlton Perth

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AMTD Digital’s TGE Acquires 50% Stake in Ritz Carlton Perth

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

On December 15, 2025, The Generation Essentials Group (TGE), a subsidiary of AMTD Digital Inc., announced the successful execution of a Sale and Purchase Agreement (SPA) to acquire a 50% stake in The Ritz Carlton Hotel in Perth, Australia, valued at A$280 million. This acquisition marks a significant milestone in TGE’s strategic expansion within the hospitality sector, reinforcing its global footprint with premium properties. The Ritz-Carlton, Perth, known for its luxurious amenities and prime location, aligns with TGE’s vision of delivering exceptional hospitality experiences worldwide. This move further strengthens TGE’s portfolio, which includes properties in major cities such as Hong Kong, Singapore, New York, and London, enhancing its market positioning in the global hospitality industry.

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 of 44 reflects significant financial challenges, including declining revenue and high leverage, which are the most impactful factors. Technical analysis indicates a bearish trend, further contributing to the low score. The absence of valuation metrics adds uncertainty, while the lack of earnings call and corporate events data limits the analysis.

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 a core business portfolio spanning media and entertainment, education and training, and premium assets and hospitality sectors.

Average Trading Volume: 5,894,533

Technical Sentiment Signal: Sell

Current Market Cap: $455.7M

For an in-depth examination of HKD stock, go to TipRanks’ Overview page.

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