One of China’s leading developers is now on authorities’ radar for default risk. A major Hong Kong builder is asking…
Read More »New World Development
New World Development (NWD) said it will continue to focus on implementing its existing corporate strategy amid concerns about its…
Read More »A mystery buyer splurged HK$150 million (US$19.3 million) to snap up 26 new flats in Hong Kong’s Kai Tak district…
Read More »Hong Kong stocks retreated from a three-week high as heightened geopolitical tensions dented investors’ risk appetite. The Hang Seng Index…
Read More »The “unexpected” appointment of Echo Huang Shaomei as the new CEO of New World Development (NWD) has raised concerns about…
Read More »New World Development (NWD)’s CEO Eric Ma Siu-cheung has stepped down barely two months after assuming the top job, leaving…
Read More »New World Development (NWD) has sold its stake in Hong Kong’s largest sports infrastructure project to parent Chow Tai Fook…
Read More »Hong Kong stocks hovered around a two-month low in light trading, as investors stayed on the sidelines due to a…
Read More »The city’s most indebted home builder joined the HSI in 1973, just a year after it went public. It was…
Read More »Chow Tai Fook Enterprises (CTFE), the investment holding company of the Cheng family, said on Friday that it has set…
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