New World changes ownership, Chow Tai Fook's Cheng family plans to sell 45% stake to American capital Blackstone

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2026.01.29 10:22
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According to Bloomberg, New World (017) controlling shareholder Chow Tai Fook Enterprises is in deep discussions with Blackstone to sell approximately 45% of its shares, which means it will transfer control. The report indicates that Chow Tai Fook currently holds about 45% of the shares, and in this transaction, Blackstone will acquire the relevant shares, but the price is currently unknown