The Cheng family, the major shareholder of New World Development, is considering injecting funds into the company as early as the end of this year.

According to foreign media reports, the controlling shareholder of New World Development, the Cheng family, is considering injecting funds into New World Development as early as the end of this year. The Cheng family may invest around HK$10 billion and is seeking cooperation partners who can provide approximately matching funds in exchange for equity. The plan being discussed is to establish a joint venture company to provide liquidity to New World Development. Negotiations are still ongoing, and the details of the deal size and structure may change. Companies involved in the funding negotiations include Blackstone and Keppel Group. Both companies may be in discussions to acquire some of New World's assets after the funding.