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New World’s Top Shareholder Seeks $637 Million Bank Loan

Wednesday, November 11, 2026 - 13:27
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New World’s Top Shareholder Seeks $637 Million Bank Loan
Chow Tai Fook Enterprises Ltd., an investment arm of Hong Kong’s billionaire Cheng family, is seeking about HK$5 billion ($637 million) in fresh funding from banks, according to people familiar with the matter.

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