The Lohas Park Phase 5 project of MTR CORPORATION (00066.HK) -0.150 (-0.483%) Short selling $3.26M; Ratio 8.052%
has closed for development intent submission this afternoon. The
project reportedly has received at least 14 submissions from developers,
including SHK PPT (00016.HK) -0.100 (-0.087%) Short selling $73.05M; Ratio 31.964% NEW WORLD DEV (00017.HK) 0.000 (0.000%) Short selling $1.15M; Ratio 1.449% WHEELOCK (00020.HK) -0.200 (-0.539%) Short selling $110.95K; Ratio 0.551% CHINESE EST H (00127.HK) +0.100 (+0.449%) EMPEROR INT'L (00163.HK) 0.000 (0.000%) Short selling $268.92K; Ratio 16.385% WING TAI PPT (00369.HK) +0.020 (+0.398%) CSI PROPERTIES (00497.HK) -0.005 (-1.538%) KERRY PPT (00683.HK) +0.200 (+0.769%) Short selling $1.19M; Ratio 4.716% and Nanfung.
Hopewell Hold (00054) sells Hopewell Infr stake for $9.9B Hopewell Holdings (00054) has agreed to sell 2.055 billion shares of Hopewell Highway Infrastructure (00737) , representing 66.69% of the issued share capital of the company, to Shenzhen Investment International Capital Holdings Infrastructure Co. to HK$9.865 billion in cash, or HK$4.8 per share, which has a discount of 3.61% to the closing price of HK$4.98 per share on 29 December 2017. Upon completion of the deal, the purchaser and parties acting in concert with it will own a total of 66.69% stake in Hopewell Highway Infrastructure and the purchaser will be required to make an unconditional mandatory cash offer for all other issued shares of Hopewell Highway Infrastructure also at HK$4.8 per share. The total consideration of the offer will be HK$4.927 billion assuming full acceptance of the offer. The offeror intends to maintain Hopewell Highway Infrastructure's share listing following the close of...
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