New World Development, built by the Chengs – one of Hong Kong’s “big four” property dynasties, is now struggling with debt after years under a third-generation heir’s leadership, highlighting the ...

Embattled Hong Kong property developer New World Development Co. has landed more vows from banks to help with a HK$87.5 billion ($11.2 billion) loan refinancing deal, bringing commitments to about 40% ...

Feb 21 (Reuters) - Hong Kong-based property developer New World Development (0017.HK), opens new tab said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the ...

New World Development Co. is seeking to divest real estate projects in mainland China after pulling off an $11 billion refinancing deal in June, according to people familiar with the matter. The Hong ...

Greetings. Welcome to New World Development's FY 2025 Annual Results Announcement webcast for analysts and investors. I am Patrick Cheong, Head of IR and also the moderator for this session. First of ...

HONG KONG, Nov 18 (Reuters) - Embattled New World Development (0017.HK), opens new tab said on Tuesday it expected $1.3 billion of its debt, majority of it being perpetual bonds, to be cut after ...

New World Development is a leading property developer in Hong Kong and mainland China under the Cheng family, with property development and investment as core businesses. As NWD aims to raise the ...

The term "Third World" is making headlines. Last week, President Donald Trump wrote on Truth Social that immigrants from poor nations are a burden on the United States. "I will permanently pause ...