The stocks are set to open at HK$2, the highest open since Aug. 17. That compared with a 0.7 percent fall in the benchmark Hang Seng index.
Chinese conglomerate Dalian Wanda Group has agreed to sell its two Australian projects to a China-backed developer for a total of A$1.13 billion in equity and assumed debt. (Reporting by Donny Kwok; Editing by Himani Sarkar)Wanda Hotel shares set to open up 48 percent on Australian projects sale
Damir Sagolj
TOP READS FROM THE FISCAL TIMES
-
Lawsuit saying Twitter aided Islamic State thrown out by U.S. appeals court
(Reuters) - A federal appeals court in San Francisco ruled on Wednesday that Twitter Inc is not liable to families of... -
Boeing ends Wall St.'s slide, Fed caution limits gains
(Reuters) - A surge in Boeing led Wall Street out of a two-day slump on Wednesday, but U.S. stocks pared gains in early... -
U.S. food distributors allege Tyson Foods, rivals fixed chicken prices
CHICAGO (Reuters) - Top U.S. food distributors Sysco Corp and U.S. Foods Inc have sued the country's biggest chicken...