|Bid||27.150 x 0|
|Ask||27.200 x 0|
|Day's Range||27.050 - 27.450|
|52 Week Range||27.050 - 40.300|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||43.17|
|Earnings Date||Feb 25, 2022|
|Forward Dividend & Yield||2.06 (7.32%)|
|Ex-Dividend Date||Mar 16, 2022|
|1y Target Est||37.10|
(Bloomberg) -- Hex Trust, a Hong Kong startup offering custody services for crypto assets, has seen its valuation rise 10-fold in a year to $300 million with a financing round led by Animoca Brands and Liberty City Ventures.Most Read from BloombergChina Plane Crash Update: Wreckage Found, Airline Grounds JetsChina Eastern Boeing 737 Jet Crashes With More Than 130 on BoardChina Jet’s Nosedive From 29,000 Feet Baffles Crash SpecialistsXi Risks Leaving China Isolated by Backing Putin to Counter U.S
HONG KONG (Reuters) -Hong Kong property developer New World Development said on Thursday it would launch a research project to tackle a chronic housing shortage and sky-high home prices in one of the world's most expensive property markets. As part of the initiative, New World said a committee would study long-standing housing issues, ranging from unaffordable prices, longed waiting times for public housing and a lack of elderly-friendly homes as the population ages. "Solving Hong Kong's deep-rooted housing issue is fundamental to the city's future growth," Adrian Cheng, chief executive of New World and chairman of the initiative, New World Build for Good, said in a statement.
As Beijing seeks to tighten its grip over Hong Kong, it has a new mandate for the city's powerful property tycoons: pour resources and influence into backing Beijing's interests, and help solve a potentially destabilising housing shortage. Chinese officials delivered the message in closed meetings this year amid broader efforts to bring the city to heel under a sweeping national security law and make it more "patriotic," according to three major developers and a Hong Kong government adviser familiar with the talks. "The rules of the game have changed," they were told, according to a source close to mainland officials, who declined to be named because of the sensitivity of the matter.