New World Development

New Business

New World CEO Huang has task cut out to set Hong Kong developer’s house in order

The “unexpected” appointment of Echo Huang Shaomei as the new CEO of New World Development (NWD) has raised concerns about…

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New Business

New World Development names Huang Shaomei CEO as Eric Ma steps down after 2 months

New World Development (NWD)’s CEO Eric Ma Siu-cheung has stepped down barely two months after assuming the top job, leaving…

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New Business

New World Development sells Hong Kong sports park stake to parent to tackle debt

New World Development (NWD) has sold its stake in Hong Kong’s largest sports infrastructure project to parent Chow Tai Fook…

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New Business

Hong Kong stocks trade close to 2-month low, New World drops on Hang Seng removal

Hong Kong stocks hovered around a two-month low in light trading, as investors stayed on the sidelines due to a…

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New Business

New World Development loses blue-chip status in ejection from Hang Seng Index

The city’s most indebted home builder joined the HSI in 1973, just a year after it went public. It was…

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New Business

Chow Tai Fook Enterprises appoints 3 co-CEOs with diversified experience to lead growth

Chow Tai Fook Enterprises (CTFE), the investment holding company of the Cheng family, said on Friday that it has set…

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New Business

HKMA links data platform with Companies Registry to help SMEs open bank accounts

Hong Kong’s de facto central bank is pulling out all the stops to help the city’s struggling small and medium-sized…

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New Business

Hong Kong retail: Prada to open 8,000 sq ft store in K11 Musea after years of downsizing

Prada is renting an 8,000 sq ft store in K11 Musea, a harbourfront luxury shopping centre by New World Development,…

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Tech

Hong Kong takes a tentative step towards paperless home sales, with New World’s proptech platform for The Pavilia Farm

“In the past 30 years, the real estate industry has seen very little innovation in property sales, if any at…

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New Business

Hong Kong stocks slide after China’s third plenum underwhelms, geopolitical angst weighs

Hong Kong stocks tumbled on Friday after investors were underwhelmed by China’s third plenum announcement, with eyes now on further…

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