Posted inChina, Greater Bay Area, Guangzhou, Hong Kong, Macau

End of an era as Hopewell plans $2.56 billion privatization

Property tycoon Gordon Wu Ying-sheung plans to take his flagship Hopewell Holdings company private, according to media reports, in a buyout that could cost as much as HK$20 billion (US$2.56 billion). Shares in Hopewell were suspended on Monday pending further details of the move, which would be the end of an era for a firm that has been […]

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