Shares of Nam Tai Property Inc. (NTP) touched a 52-week high of $11.81 today, and are currently trading at $11.08, up $1.94 or 21.23% Monday morning. Trading volume rose to 124K versus an average volume of 55K shares.
Nam Tai Property, on Monday, announced the resignation of Ying Chi Kwok as the Director of Board and Chief Executive Officer of the company due to personal reasons and not as a result of any disagreement with the company's policies or practices. Upon the resignation, Kwok ceases to be the Chairman of the Board of Directors, the company said. The resignation becomes effective immediately.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.