Geopolitics Alpha

Hong Kong’s New World offers shares at 81% discount in US$3.2 billion cash call

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GEOPOLITICS ALPHAHong Kong’s New World offersshares at 81% discount in US$3.2billion cash callGEOPOLITICS ALPHA

This report is about Hong Kong.

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWH iShares MSCI Hong Kong ETF-3.1% 30d

    iShares MSCI Hong Kong ETF holds stocks listed in Hong Kong, which this story is about (“hong kong”).

  • SIMO Silicon Motion Technology-27.4% 30d

    Silicon Motion Technology (semiconductors and related devices) is one of the largest Hong Kong-based companies traded in the US, so news about Hong Kong (“hong kong”) reaches its shares.

  • MLCO Melco Resorts & Entertainment-10.6% 8d

    Melco Resorts & Entertainment (hotels and motels) is one of the largest Hong Kong-based companies traded in the US, so news about Hong Kong (“hong kong”) reaches its shares.

  • PRE Prenetics Global

    Prenetics Global (pharmaceutical preparations) is one of the largest Hong Kong-based companies traded in the US, so news about Hong Kong (“hong kong”) reaches its shares.

  • EFA iShares MSCI EAFE ETF-0.7% 6d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Hong Kong, which this story is about.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWH+1.52%+0.04%baseafter closeafter closeafter closeafter close
SIMO+1.45%+8.39%baseafter closeafter closeafter closeafter close
MLCO+4.68%+3.16%baseafter closeafter closeafter closeafter close
PRE+6.57%+6.72%baseafter closeafter closeafter closeafter close
EFA+0.77%+0.44%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Hong Kong’s New World offers shares at 81% discount in US$3.2 billion cash call South China Morning Post

Source: South China Morning Post

This story

CompanyWhenMoveStatus
EFAthree days earlier+0.44%final price
EFAfive days earlier+0.77%final price
EWHthree days earlier+0.04%final price
EWHfive days earlier+1.52%final price
MLCOthree days earlier+3.16%final price
MLCOfive days earlier+4.68%final price
PREthree days earlier+6.72%final price
PREfive days earlier+6.57%final price
SIMOthree days earlier+8.39%final price
SIMOfive days earlier+1.45%final price

This story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

25 out of 100

“Hong Kong’s New World offers shares at 81% discount in US$3.2 billion cash call” scores 25 out of 100. The score uses 2 sources.