New World Development

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Hong Kong logistics group’s CEO buys US$17 million home as wealthy accumulate assets

A top executive of a multinational logistics group has bought a luxury flat in Hong Kong’s Mid-Levels West for HK$132…

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New Business

Hong Kong developers lead evolution of Shanghai’s retail scene with new malls, concepts

Shanghai’s luxury retail market is set to become increasingly competitive, fuelled by a citywide shift as prime malls embrace experiential…

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Exclusive | Rosewood hotel brand of Hong Kong’s Chow Tai Fook is not for sale, sources say

Hong Kong-based Chow Tai Fook Enterprises (CTFE), the private investment holding company of the Cheng family and the parent firm…

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Chow Tai Fook sells Australian energy assets to Singapore group for US$4.3 billion

Chow Tai Fook Enterprises (CTFE), the parent company of embattled Hong Kong developer New World Development (NWD), is selling Australian…

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Hong Kong scion Adrian Cheng signs Dubai retail partnership with group headed by royal

Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD), has partnered with a Dubai…

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Hong Kong home sales dip as December slowdown looms amid tragedy, holiday lull

Hong Kong’s property deals slipped slightly in November after two months of gains, government data showed, with analysts warning of…

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Hong Kong property viewing dips following deadly fire as city pauses to mourn

Hong Kong’s worst residential fire in history has cast a shadow over property sentiment, but the overall impact on the…

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Hong Kong developers Emperor and Lai Sun find relief amid debt pressures

Emperor International Holdings has secured bank approval to resume borrowing under existing terms by nearly two years, providing the embattled…

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Hong Kong developers Sino Group, NWD delay home sales after devastating Tai Po fire

Sino Group and New World Development announced on Thursday that the sale of 150 units at One Park Place in…

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Chinachem secures plot in Hong Kong’s Tsuen Wan for US$318 million

Chinachem Group has secured a 70,127 sq ft site in Tsuen Wan in the New Territories for more than HK$2.47…

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