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By Rishav Chatterjee (Reuters) -Hong Kong builder New World Development said on Monday it had received commitments for a ...
Hong Kong’s old-money developers are facing a credit reckoning after decades of easy borrowing, says Bloomberg ...
New World Development Co. is seeking to divest real estate projects in mainland China after pulling off an $11 billion ...
New World Development, which has the highest debt among its Hong Kong peers, said it refinanced about HK$17.76 billion ($2.28 billion) of its bank loans since July 2024.
In this week’s Hong Kong Edition, we delve into the state of the property market after New World’s refinancing deal, ...
HONG KONG, Sept 26 (Reuters) - The chief executive of Hong Kong's New World Development (0017.HK), opens new tab, Adrian Cheng, the third-generation scion of the firm's founding family, has ...
HONG KONG (Reuters) - Shares in major Hong Kong property developer New World Development plunged 13% after it estimated a net loss of as much as HK$20 billion ($2.6 billion) for the financial year ...
New World Development Co.’s financial distress is creating angst just as Hong Kong is starting to regain its feet. The real estate developer’s systemic importance is of great concern to ...
By Clare Jim. HONG KONG, Nov 2 (Reuters) - Shareholders of Hong Kong's New World Development (NWD) 0017.HK will decide on Thursday whether to keep the company's "cash-cow" construction subsidiary ...
Shares of Hong Kong's New World Development surged following the resignation of Adrian Cheng, a member of the founding family. Hong Kong listed shares of the major development company traded 23% ...