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  1. New World Development is a Hong Kong-based property developer that creates and orchestrates creative and innovative projects for the next generation. Explore its ecosystem, property, department stores, hotels, residences, bespoke communities and social initiatives.

  2. New World Development is a Hong Kong-based conglomerate with interests in property, hotels, infrastructure and services. It was founded in 1970 by Cheng Yu-tung and has investments in Mainland China and other countries.

  3. 6 days ago · Four years later, New World Development’s stock has fallen more than 80 per cent as the real estate market has slumped. Cheng, the third-generation scion, has come under fire for his extravagant ...

  4. Sep 2, 2024 · Hong Kong’s property downturn is taking a growing toll on New World Development Co., the firm owned by the billionaire Cheng family. The company said late on Friday it expects to post a loss...

  5. Jun 27, 2023 · New World Development (NWD) is set to bag as much as HK$21.78 billion ($2.78 billion) from the sale of a construction subsidiary to its major shareholder, in a buyout deal that would help it...

  6. Jun 27, 2023 · New World Development will receive about HK$21.8 billion from the shares disposal. Chow Tai Fook Enterprises may exercise its right to take NWS private if certain conditions are met,...

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  8. New World Development is a Hong Kong-based property developer with projects in Hong Kong and China. Find out its latest financial results, announcements, awards, sustainability initiatives and shareholder communication policy.

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