By Rishav Chatterjee (Reuters) -Hong Kong builder New World Development said on Monday it had received commitments for a ...

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

Distressed Hong Kong builder New World Development Co. has secured written commitments from all banks for a HK$87.5 billion ...

In this week’s Hong Kong Edition, we delve into the state of the property market after New World’s refinancing deal, ...

Adrian Cheng, a third-generation heir to Hong Kong’s third-richest clan, has fully exited the family’s troubled property ...

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

New World’s refinancing — which would be one of the largest of its kind ever in Hong Kong — marks the end of months-long ...

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.

HONG KONG, Sept 27 (Reuters) - Shares of Hong Kong's New World Development , opens new tab jumped 20% in early Friday trade after the loss-making and indebted property developer announced a change ...

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 ...

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% ...

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 that ended in June.