New World Development's K11 Musea shopping mall, part of the company's flagship Victoria Dockside development in Hong Kong's Tsim Sha Tsui district. Shares of New World Development, controlled by Hong ...
Feb 21 (Reuters) - Hong Kong-based property developer New World Development (0017.HK), opens new tab said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the ...
HONG KONG (Reuters) -New World Development, one of the biggest property developers in Hong Kong, reported an interim net loss of HK$6.63 billion ($852.45 million) on Friday, following a prolonged ...
New World has joint ventures in developing residential projects in Kai Tak, as well as the development and operation of a sports complex in the vicinity. We expect the current dynamics to remain in ...
Sept 25 (Reuters) - Hong Kong property developer New World Development (0017.HK), opens new tab said on Thursday it had secured a term loan facility of up to HK$5.9 billion ($758.62 million) from ...
(Bloomberg) -- Once a symbol of Hong Kong’s property-fueled prosperity, New World Development Co. has become one of its most visible casualties. After years of easy credit and unabated expansion, the ...
New World Development is a leading property developer in Hong Kong and mainland China under the Cheng family, with property development and investment as core businesses. As NWD aims to raise the ...
The latest update is out from New World Development ( (HK:0017)). New World Development Company Limited has announced the composition of its Board of Directors, detailing the roles and functions of ...
HONG KONG (Reuters) -New World Development's shares and bonds rallied on Monday after the major Hong Kong developer said it would increase cash flow and cut debt, but analysts said a more concrete ...
Hong Kong is famed for its business savvy for a reason. Billionaire families like the Chengs, who are behind troubled New World Development Co., understand financial engineering. They also play their ...
In Hong Kong, residents say property is the city’s religion. Listing agencies line the streets and agents hand out flyers. For decades, four families—each worth tens of billions of dollars—have ...
This story appears in the February/March 2025 issue of Forbes Asia. Subscribe to Forbes Asia This story is part of Forbes’ coverage of Hong Kong’s Richest 2025. See the full list here. Hong Kong ...