Hong Kong developer

New Business

NWD says it has not received proposal from Cheng family on capital injection

New World Development (NWD) shares dropped on Tuesday after the property developer said it has not received a proposal from…

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New Business

New World’s Cheng family weighs capital injection in Hong Kong developer, sources say

New World Development’s controlling shareholder, the billionaire Cheng family, is considering injecting capital into the debt-laden Hong Kong developer as…

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New Business

Sino Group reports 24.7% profit decline on slower home sales, higher revaluation losses

Sino Land’s profit declined by about a quarter in its financial year ending in June, as sales of homes and…

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