New World’s Top Shareholder Seeks to Refinance $932 Million Loan

Chow Tai Fook Enterprises Ltd., the main investment arm of Hong Kong billionaire Henry Cheng’s family, is looking to refinance an around HK$7.3 billion ($932 million) loan due in June, according to people familiar with the matter, testing banks’ appetite for exposure to a firm tied to the clan’s tro...

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