Wang On Properties

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

Hong Kong is poised for 2,800 new flats as developers await rate cuts to unleash inventory

Fed chairman Jerome Powell gave the strongest hint of a reduction in rates, which are at a 23-year high, during…

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New Business

Hong Kong developer Wang On prices Finnie in Quarry Bay at 3-year low, 32% discount

A Hong Kong developer has priced a new residential project in Quarry Bay a third lower compared with three years…

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