TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from New World Development ( (HK:0017) ).
New World Development has announced the final early results and an increase to the Maximum PerpCo Cap in connection with its exchange offers for several series of existing perpetual securities and notes. This announcement marks a significant step in the company’s financial strategy, potentially impacting its liquidity and capital structure, and reflects its ongoing efforts to optimize its debt profile.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on New World Development stock, see the HK:0017 Stock Forecast page.
More about New World Development
Average Trading Volume: 15,193,812
Technical Sentiment Signal: Hold
Current Market Cap: HK$19.18B
Find detailed analytics on 0017 stock on TipRanks’ Stock Analysis page.