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New World Shares Jump Following Record $11.2 Billion Loan Deal

New World Shares Jump Following Record $11.2 Billion Loan Deal

Bloomberg3 days ago
New World Development Co. shares surged to the highest level this year after the company closed a record $11.2 billion loan refinancing package, helping ease investor anxiety.
The Hong Kong builder's stock jumped as much as 11%, leading its peers in a gauge of developers in the financial hub. Trading volumes climbed to four times the three-month average around midday.
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