By Clare Jim HONG KONG (Reuters) -Shares of New World Development surged on Wednesday after the cash-strapped Hong Kong ...

HONG KONG (Reuters) -Shares of New World Development jumped as much as 11% in early trading on Wednesday, after the Hong Kong ...

HONG Kong builder New World Development said on Monday it had received commitments for a HK$88.2-billion ($11.24-billion) loan refinancing package, as the property developer finalizes a crucial ...

Bloomberg’s Hong Kong reporters followed the refinancing of New World amid a wave of property distress. We also have news on ...

New World Development has secured HKD 88.2 billion in loan refinancing, easing pressure on one of Hong Kong’s most indebted developers. The package follows months of negotiations and the departure of ...

Third, to improve people's livelihood proactively. Our policy objective is to make Hong Kong a better place for living and ...

The sale comes on the heels of New World Development's recently concluded $11.2 billion debt refinancing deal, providing a reprieve to the cash-strapped Hong Kong-based developer.

Cheng tendered his resignation as a non-executive director and non-executive vice-chairman of New World with effect from July ...

Hong Kong developer New World Development (NWD) has successfully refinanced HK$88.2 billion (US$11.3 billion) of debt just before the deadline, concluding months of negotiations that pulled the ...

Hong Kong property firm New World Development said today that it has closed a refinancing deal worth HK$88.2 billion (US$11.2 billion), securing a lifeline as the builder braves a prolonged market ...

June 30 marks the fifth anniversary of the implementation of the National Security Law (NSL) for Hong Kong. A spokesperson ...