New World locks up $700m perp
![Hong Kong_property_adobe_12May_575](https://assets.euromoneydigital.com/dims4/default/152eac3/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F2a%2F3c%2F103f8fcc889a546090c9f9fa1868%2Fhong-kong-property-adobe-12may-575.jpg)
Hong Kong property company New World Development Co used a fixed-for-life perpetual structure to net $700m on Wednesday.
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