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New Business

New World ramps up luxury home sales in Hong Kong and mainland China

New World Development (NWD) is ramping up the delivery of residential projects in Hong Kong and mainland China after raising…

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New Business

Exclusive | Hong Kong seeks new partner to get 11 Skies back on track amid New World’s debt: sources

Airport Authority Hong Kong is in talks with New World Development (NWD) to get a massive commercial property project at…

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New Business

Morgan Stanley banker buys two Hong Kong luxury flats in Wong Chuk Hang for US$18.8 million

David Wraight, managing director at Morgan Stanley, has bought two luxury residential units in Hong Kong for HK$147.3 million (US$18.8…

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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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