JP
Morgan released its report with the comparison of the forecasts and
actual results in FY14/1H15 of 56 China/Hong Kong listed companies. The
results of 15 companies are above forecasts, 26 are in line and 15 are
below. The companies with better-than-expected results include AIA
(01299.HK) -0.300 (-0.618%) Short selling $233.44M; Ratio 22.512% , NEW WORLD DEV (00017.HK) -0.050 (-0.556%) Short selling $20.41M; Ratio 17.781% and CKI HOLDINGS (01038.HK) -2.800 (-4.182%) Short selling $44.13M; Ratio 19.429% .
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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