New World Development

New Business

Hong Kong tycoon Peter Law’s daughter buys US$46 million flat after record Peak mansion sale

The daughter of prominent Hong Kong businessman Peter Law Kin-sang has bought a luxury flat in Mid-Levels West following his…

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New Business

Exclusive | Property credit quality issues manageable for Hong Kong banks, HKMA’s Eddie Yue says

Challenges from commercial property credit quality will persist for Hong Kong banks next year, though these may be balanced by…

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New Business

Hong Kong developer NWD denies rumours of scramble to manage debt, secure equity financing

New World Development (NWD) denied market speculation that it is conducting a liability-management exercise involving its perpetual bonds or other…

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New Business

Hong Kong residential property market’s improvement whets investor appetite, analysts say

Hong Kong’s residential property market is gradually mending investor sentiment, according to analysts, who are nonetheless cautious about a full…

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New Business

Disney, Versace and Nadal: the rise of branded residences and why Hong Kong is an outlier

Fancy living in a Snow White and the Seven Dwarfs-themed neighbourhood? How about an opulent flat influenced by the luxury…

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New Business

Signs of confidence: affluent Hong Kong investors snap up luxury flats as market improves

Affluent Hong Kong investors – from the former CEO of the Hong Kong stock exchange to the chairman of Great…

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New Business

Adrian Cheng sharpens focus on ‘transformative industries’ under new firm ALMAD Group

Adrian Cheng Chi-kong has launched a new business focused on “transformative industries”, including culture and healthcare, nearly three months after…

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New Business

Hong Kong’s homebuyers brave storm signal at city’s first post-rate cut property sales

Hong Kong’s homebuyers defied a No 3 typhoon signal to snap up apartments during two property sales on Friday, entering…

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New Business

Swire’s Chai Wan development finds eager buyers as Hong Kong’s property market heats up

Homebuyers snapped up units on the first day of Swire Properties’ largest residential development sale in 20 years, as Hong…

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New Business

Adrian Cheng exits Chow Tai Fook director role, his last tie to Hong Kong family empire

Adrian Cheng Chi-kong is no longer a director of New World Development parent company Chow Tai Fook Enterprises (CTFE), cutting…

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