Interim results

New Business

New World Development reports losses as debt ratio worsens amid property slump

New World Development (NWD), controlled by Hong Kong’s third-richest family, reported weaker interim results in its underlying property business, suggesting…

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New Business

CLP to tap more nuclear power to meet Hong Kong’s climate goals amid profit growth

CLP Holdings, which runs the larger of Hong Kong’s two power utilities, said it will put more emphasis on nuclear…

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New Business

Hang Lung Properties’ profit sinks 56% amid Hong Kong, mainland China slowdown

“In Hong Kong, the market experienced a slower-than-expected recovery in the first half of the year,” Hang Lung said in…

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