{
  "@context": "https://exchange.beregov.me/api/json/ld/v1/context.jsonld",
  "@id": "https://exchange.beregov.me/api/v1/exchange/news/2026/11/13/new-world-plans-hk-25-billion-rights-issue-cheng-family-underwriting-offering-so",
  "@type": "NewsArticle",
  "id": "t:new world plans hk 25 billion rights issue cheng family underwriting offering sources",
  "name": {
    "en": "New World plans HK$25 billion rights issue, Cheng family underwriting offering: sources",
    "ru": "New World plans HK$25 billion rights issue, Cheng family underwriting offering: sources"
  },
  "url": "https://exchange.beregov.me/news/2026/11/13/new-world-plans-hk-25-billion-rights-issue-cheng-family-underwriting-offering-so/",
  "description": {
    "en": "Hong Kong property developer New World Development plans to raise about HK$25 billion (US$3.19 billion) through a rights issue, with the Cheng family underwriting the offering as the debt-laden company seeks to strengthen its balance sheet, according to people familiar with the matter. HSBC was arranging the fundraising, which was expected to carry a steep discount to the prevailing share price, s",
    "ru": "Hong Kong property developer New World Development plans to raise about HK$25 billion (US$3.19 billion) through a rights issue, with the Cheng family underwriting the offering as the debt-laden company seeks to strengthen its balance sheet, according to people familiar with the matter. HSBC was arranging the fundraising, which was expected to carry a steep discount to the prevailing share price, s"
  },
  "date": "2026-11-13",
  "dateTime": "2026-11-13T02:14:21+00:00",
  "sourceName": "SCMP Business",
  "sourceUrl": "https://www.scmp.com/business/markets/article/3374279/hong-kongs-new-world-development-suspends-trading-financial-rescue-speculation-mounts",
  "record": {
    "time_utc": "2026-11-13T02:14:21.000Z",
    "source": "scmp",
    "source_title": "SCMP Business",
    "lang": "en",
    "title": "New World plans HK$25 billion rights issue, Cheng family underwriting offering: sources",
    "url": "https://www.scmp.com/business/markets/article/3374279/hong-kongs-new-world-development-suspends-trading-financial-rescue-speculation-mounts",
    "summary": "Hong Kong property developer New World Development plans to raise about HK$25 billion (US$3.19 billion) through a rights issue, with the Cheng family underwriting the offering as the debt-laden company seeks to strengthen its balance sheet, according to people familiar with the matter. HSBC was arranging the fundraising, which was expected to carry a steep discount to the prevailing share price, s",
    "category": null,
    "kind": "news",
    "tickers": [],
    "topics": [],
    "affects": [],
    "also_in": [],
    "id": "t:new world plans hk 25 billion rights issue cheng family underwriting offering sources",
    "collected_at": "2026-11-13T23:30:39.896Z"
  },
  "parent": "https://exchange.beregov.me/api/v1/exchange/news/2026/11/13",
  "time_utc": "2026-11-13T02:14:21.000Z",
  "source": "scmp",
  "source_title": "SCMP Business",
  "lang": "en",
  "title": "New World plans HK$25 billion rights issue, Cheng family underwriting offering: sources",
  "summary": "Hong Kong property developer New World Development plans to raise about HK$25 billion (US$3.19 billion) through a rights issue, with the Cheng family underwriting the offering as the debt-laden company seeks to strengthen its balance sheet, according to people familiar with the matter. HSBC was arranging the fundraising, which was expected to carry a steep discount to the prevailing share price, s",
  "category": null,
  "kind": "news",
  "tickers": [],
  "topics": [],
  "affects": [],
  "also_in": [],
  "collected_at": "2026-11-13T23:30:39.896Z"
}