Cheung Kong's shares rally: Deutsche Bank raises its stake in Developer; 'show of confidence'

Article Abstract:

Deutsche Bank AG increased its stake in Hong Kong real estate development firm Cheung Kong Holdings Ltd. from 2.25% to 5.25%, buying 69.03 mil additional shares for approximately 7.09 bil Hong Kong dollars. Cheung Kong's shares rose by 7.1% as a result.

Commercial Banks, Banking industry, Germany, Company investment, Investments, Deutsche Bank AG (Frankfurt, Germany), DB

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Cheung Kong joins bond trend

Article Abstract:

Cheung Kong Holdings Ltd. is planning to issue up to US$1.28 billion (1.11 billion euros) in retail bonds. The company is hoping to take advantage of low interest rates in Hong Kong.

Hong Kong, Bonds, Bonds (Securities)

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DLF revives its India listing

Article Abstract:

DLF Ltd. of India is floating stock in an initial public offering expected to raise $2 billion. The real estate developer has a valuation of $20 billion.

India, Economic aspects, Finance, Going public (Securities), Initial public offerings, Company public offering, Company financing, Financial report

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