HK Stock Market Move | WANDA HOTEL DEV(00169) surged over 20% once, completed the sale, and will distribute a special dividend of 46.2 Hong Kong cents next month.

WANDA HOTEL DEV (00169) rose over 20% at one point, and as of the time of writing, it has increased by 18.75%, closing at 0.76 Hong Kong dollars, with a trading volume of 13.35 million Hong Kong dollars. In terms of news, WANDA HOTEL DEV announced the completion of a very significant sales transaction, with a special dividend of 46.2 Hong Kong cents per share to be distributed to shareholders listed on the share register on November 5th. The announcement stated that all conditions precedent have been met, and the entire issued share capital of Wanda Hotel Management (Hong Kong) Limited was sold on October 16, 2025. Considering the completion date of the sale transaction, the special dividend will be distributed on November 19, 2025 (Wednesday) to shareholders listed on the company's share register as of November 5, 2025 (Wednesday) (record date).