NWD

New Business

Hong Kong developer NWD’s shares slump amid slow progress on cutting debt

New World Development (NWD) shares are down nearly 30 per cent since a new CEO was appointed in November and…

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New Business

Hong Kong property: 10,000 new flats set to hit already supply-heavy market in 2025

Around 10 large residential projects comprising at least 10,000 new flats will hit the Hong Kong market in 2025 as…

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New Business

New World to keep focus on corporate strategy as stock slumps amid debt troubles

New World Development (NWD) said it will continue to focus on implementing its existing corporate strategy amid concerns about its…

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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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New Business

New World faces risk of mounting losses amid Hong Kong property slump

Echo Huang Shaomei, the newly appointed CEO of heavily indebted New World Development (NWD), is facing a host of formidable…

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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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