--- title: "According to reports, Chow Tai Fook Enterprises is seeking refinancing for a loan of 7.3 billion yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/279340927.md" description: "According to sources cited by Bloomberg, Chow Tai Fook Enterprises is seeking to refinance a loan of approximately HKD 7.3 billion that is due in June, and is currently in preliminary discussions regarding a potential five-year loan. Chow Tai Fook Enterprises is the largest shareholder of New World, which has been facing funding difficulties in recent years. As Chow Tai Fook holds over 40% of New World's shares, its financing moves are closely watched and seen as an indicator of banks' confidence in the Hong Kong real estate industry" datetime: "2026-03-17T00:12:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279340927.md) - [en](https://longbridge.com/en/news/279340927.md) - [zh-HK](https://longbridge.com/zh-HK/news/279340927.md) --- # According to reports, Chow Tai Fook Enterprises is seeking refinancing for a loan of 7.3 billion yuan According to sources cited by Bloomberg, Chow Tai Fook Enterprises is seeking to refinance a loan of approximately HKD 7.3 billion that is due in June, and is currently in preliminary discussions regarding a potential five-year loan. Chow Tai Fook Enterprises is the largest shareholder of New World (00017.HK), which has been facing funding difficulties in recent years. As Chow Tai Fook holds over 40% of New World's shares, its financing moves are closely watched and seen as an indicator of banks' confidence in the Hong Kong real estate industry ### Related Stocks - [515060.CN](https://longbridge.com/en/quote/515060.CN.md) - [159768.CN](https://longbridge.com/en/quote/159768.CN.md) - [512200.CN](https://longbridge.com/en/quote/512200.CN.md) - [00825.HK](https://longbridge.com/en/quote/00825.HK.md) - [159940.CN](https://longbridge.com/en/quote/159940.CN.md) - [159707.CN](https://longbridge.com/en/quote/159707.CN.md) - [00017.HK](https://longbridge.com/en/quote/00017.HK.md) ## Related News & Research - [Kinetic Development Calls EGM to Approve Series of Real Estate and Settlement Agreements](https://longbridge.com/en/news/283413912.md) - [Kinetic Development Details Final RMB97.1 Million Payment in Seedland Property Deal](https://longbridge.com/en/news/283378107.md) - [Xinyuan Service publishes 2025 ESG report](https://longbridge.com/en/news/283856158.md) - [Vanke seeks one-year extension for bond due May 12, offers 40% upfront, sources say](https://longbridge.com/en/news/283436620.md) - [New World Development (OTCMKTS:NDVLY) Sees Strong Trading Volume - Here's What Happened](https://longbridge.com/en/news/277972291.md)