Finance
Blackstone to become New World Development's largest shareholder, Bloomberg reports
Published by Global Banking and Finance Review
Posted on January 29, 2026
1 min readLast updated: January 29, 2026
Home > Finance > Blackstone to become New World Development's largest shareholder, Bloomberg reports
Quick Summary
Blackstone is poised to become the largest shareholder in New World Development, a major move in Hong Kong's real estate market.
Blackstone Set to Become Largest Shareholder of New World Development
Blackstone's Investment in New World Development
Jan 29 (Reuters) - Private equity giant Blackstone Inc is close to securing a deal that would make it the largest shareholder of Hong Kong's New World Development, Bloomberg News reported on Thursday.
Details of the Deal
The property developer declined to comment to a Reuters' request.
Reactions from New World Development
(Reporting by Rajasik Mukherjee; Editing by Tasim Zahid)
Key Takeaways
- •Blackstone is nearing a deal to become the largest shareholder of New World Development.
- •The deal highlights Blackstone's strategic investment in Hong Kong's property market.
- •New World Development has not commented on the deal.
- •The news was reported by Bloomberg and covered by Reuters.
- •This move could impact the dynamics of Hong Kong's real estate sector.
Frequently Asked Questions about Blackstone to become New World Development's largest shareholder, Bloomberg reports
1What is investment?
Investment is the act of allocating resources, usually money, in order to generate income or profit. This can include purchasing stocks, bonds, real estate, or other assets.
2What is a financial community?
A financial community consists of individuals and organizations engaged in financial activities, including investing, banking, and trading. It encompasses various stakeholders like investors, financial institutions, and regulatory bodies.