AMTD IDEA Group surged 10.23% in after-hours trading following its parent company, AMTD Group, entering a two-year voluntary lock-up on its equity holdings in the company. The move, announced on November 13, 2025, prohibits AMTD Group from selling shares in AMTD IDEA Group for 24 months, signaling strong confidence in its long-term strategy and growth prospects. This follows similar lock-up agreements by executive directors and core management in August, further aligning stakeholder interests. The announcement coincided with AMTD IDEA Group’s expanding hospitality sector, where total hotel rooms are projected to exceed 1,000, including newly announced deals. The lock-up reduces short-term selling pressure and underscores institutional support for the company’s global diversification and operational momentum.
Comments
No comments yet