Cheung Kong scotches reports of HK$4bn loan
Cheung Kong Holdings, one of Hong Kong’s biggest property developers, told EuroWeek on Tuesday it had no plans to raise capital, refuting reports that it was seeking a HK$4bn loan.
A spokeswoman at Cheung Kong said the company had not held talks with lenders, saying they had no need to raise capital at the moment.
The South China Morning Post
reported on Tuesday that Cheung Kong was in talks with Bank of China and other lenders for a
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.