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ahead of Versace deal decision","url":"https://stock-news.laohu8.com/highlight/detail?id=2525054669","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525054669?lang=en_us&edition=fundamental","pubTime":"2025-04-07 12:08","pubTimestamp":1743998929,"startTime":"0","endTime":"0","summary":"BUZZ-Prada Hong Kong stock at 14-month low ahead of Versace deal decision** Hong Kong shares of Italian luxury group Prada 1913.HK drop nearly 14% to HK$44.3, the lowest level since January 23, 2024** Stock set for the biggest one-day pct decline since August 2021** Prada 1913.F is set to make a decision this week about a potential takeover of smaller rival Versace, a source close to the matter said on Sunday, as the negotiations enter a final phase ** A deal to buy Versace, owned by New York-based Capri Holdings CPRI.N, would unite two of the biggest names in Italian fashion** However, President Donald Trump's new tariffs have since sent shockwaves through global markets, adding an extra layer of complexity to the negotiations** Hang Seng Consumption Index .HSCGSI drops 9.8%, Hang Seng Index .HSI plunges 10.6%** Hong Kong-listed stock down 25.1% YTD    ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250407:nL2N3QL04G:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1602","CPRI","BK1545","BK1577","LU0326950275.SGD","01913","LU0181495838.USD","BK1502","BK1227","BK4202"],"gpt_icon":0}],"pageSize":20,"totalPage":2,"pageCount":2,"totalSize":23,"code":"91000000","status":"200"}]}}