Da Yu Financial Holdings Limited (1073) has announced the disposal of certain perpetual notes issued by NWD Finance (BVI) Limited and guaranteed by New World Development Company Limited. According to the announcement, a nominal amount of US$1.0 million of the notes was sold on 5 February 2026 at approximately HK$5.9 million. This transaction, carried out via intermediaries on an over-the-counter basis, contributes to a total sale of US$3.7 million in nominal value across similar notes, generating total proceeds of approximately HK$21.4 million. The company expects to realize a gain of around HK$6.5 million based on the holding value of these securities as of 31 December 2025.

The notes, with an outstanding size of roughly US$743.35 million, carry a 5.25% coupon rate and a first call date of 22 March 2026, after which the rate resets at 7.889% over the constant maturity 5-year US Treasury yield. Since May 2025, the issuer has suspended discretionary coupon payments on these and other perpetual notes of similar rank. The announcement indicates that the transaction meets the criteria for a discloseable transaction under Chapter 14 of the Listing Rules, with the relevant percentage ratio exceeding 5% but remaining below 25%. The proceeds are expected to be allocated toward other investment opportunities. The board considers the transaction fair and in the overall interest of the group and its shareholders.