Story perspectives
Blackstone Eyes Major Stake in Chow Tai Fook Amid Housing Concerns
1/29/2026
1 of 1
Story summary
- Chow Tai Fook Enterprises has received interest from potential investors, including Blackstone.
- Blackstone could become the largest shareholder of New World Development.
- No agreements have been finalized regarding the potential investment.
- U.S. President Donald Trump proposed limiting institutional purchases of single-family homes.
- Blackstone's stock has faced bearish revisions and pressure due to concerns about its real estate exposure.
