Echo Huang Shaomei

New Business

CEO of Hong Kong’s NWD buys company-built flat for US$6.4 million

Echo Huang Shaomei, the recently appointed CEO of heavily indebted builder New World Development (NWD), bought a flat for more…

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New Business

Hong Kong developer NWD’s shares slump amid slow progress on cutting debt

New World Development (NWD) shares are down nearly 30 per cent since a new CEO was appointed in November and…

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New Business

New World to keep focus on corporate strategy as stock slumps amid debt troubles

New World Development (NWD) said it will continue to focus on implementing its existing corporate strategy amid concerns about its…

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New Business

New World loses more market value as developer strives to contain debt crisis

New World Development (NWD) can’t seem to catch a break. Two rounds of top management shake-up to tackle its debt…

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New Business

New World CEO Huang has task cut out to set Hong Kong developer’s house in order

The “unexpected” appointment of Echo Huang Shaomei as the new CEO of New World Development (NWD) has raised concerns about…

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