New World Development has issued a clarification statement denying any agreements with potential investors regarding the "11 SKIES" project. The company is still in discussions with the Airport Authority Hong Kong and is managing its financing arrangements with lenders in the ordinary course of business. Separately, CITIC Securities reported that China's Q1 GDP growth exceeded expectations, with exports and PPI being key features, and anticipates structural policies supporting tech innovation. Overseas, the US economy is cooling, Europe's energy shock is altering growth forecasts, and Japan's inflation adds uncertainty, with potential interest rate adjustments expected from the Fed and the Bank of Japan. AI
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