SWIRE PACIFIC Stock Forum

$Hang Seng Index (800000.HK)$ opened 15 points or 0.1% lower at 16,311. $Hang Seng China Enterprises Index (800100.HK)$ opened 2 points or 0.04% higher at 5,611. $Hang Seng TECH Index (800700.HK)$ opened 8 points or 0.2% higher at 3,691.
$WUXI BIO (02269.HK)$ plans to spend up to US$600 million to buy back shares, and its shares opened rebounding 2.1% higher. $SANDS CHINA LTD (01928.HK)$ shares open 3% higher after controlling shareholder plans to spend up to $1.95 billion...

$SWIRE PACIFIC B (00087.HK)$ Further sale of non-core market businesses is expected in the next 6 - 12 months to relieve the Group from unnecessary operating costs & debt. Expect a further round of special dividends payout before Dec 2023.

SWIRE is planning to sell 100% equity interest of Swire Pacific Holdings Inc. (doing business as Swire Coca-Cola $Coca-Cola (KO.US)$ , USA), and is anticipated to realize a gain of $22.8 billion. $SWIRE PACIFIC A (00019.HK)$ and $SWIRE PACIFIC B (00087.HK)$ grew 8% and 9.3% to $62.45 and $10.06, respectively.