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Michael Kadoorie Reportedly Invites Tycoons to Raise $390M to Boost HK Image & Tourism
CLP HOLDINGS (00002.HK) Chairman Michael Kadoorie has recently approached several prominent business leaders to take the lead in raising US$50 million ($389 million) aimed at enhan...
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Michael Kadoorie Reportedly Invites Tycoons to Raise $390M to Boost HK Image & Tourism
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CLP HOLDINGS (00002.HK)  +0.250 (+0.388%)    Short selling $9.99M; Ratio 24.067%   Chairman Michael Kadoorie has recently approached several prominent business leaders to take the lead in raising US$50 million ($389 million) aimed at enhancing Hong Kong's image and revitalizing its tourism industry, Bloomberg, citing sources, reported.

It is understood that Kadoorie stated he would personally contribute US$5 million and has invited HENDERSON LAND (00012.HK)  -0.350 (-1.595%)    Short selling $10.92M; Ratio 19.158%   Co-Chairman Peter Lee, SHK PPT (00016.HK)  -0.250 (-0.357%)    Short selling $24.89M; Ratio 19.186%   Chairman Raymond Kwok, and BABA-W (09988.HK)  +1.050 (+1.203%)    Short selling $319.11M; Ratio 12.834%   Chairman Joe Tsai, among others, to contribute to the initiative.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-28 12:25.)

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