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Collateralized Financing Ratios of NWD Stocks, Bonds Lowered by Brokers Reportedly
2024-12-23 10:24:59 A number of local brokers have lowered the collateralized financing ratios of NEW WORLD DEV (00017.HK)'s stocks and bonds given the consideration of risk control, Hong Kong Economic Journal quoted people with the knowledge of the matter as saying. Among which, BANK OF E ASIA (00023.HK) trimmed the collateralized financing ratio of NWD's stocks and bonds from 30-40% to 20-30% last Friday (20th) after internal risk control assessment. Separately, CMBI revised down NWD's collateralized financing ratio to 30%, while a foreign bank removed NWD from its secured financing list and will not buy NWD bonds for its customers. NEW WORLD DEV opened flat today and last traded at $5.19, down 0.19%, with 4.4538 million shares traded, involving $23.4038 million. ~ AAStocks Financial News Web Site: www.aastocks.com | |