NEW WORLD DEVELOPMENT Aktie

 

A multinational infrastructure consultancy has leased 120,000 sq ft for its upgraded Asia headquarters at a grade A office building of New World Development (NWD) in Cheung Sha Wan, setting a record as the biggest post-pandemic deal of its kind in the district. Aecom, drawn by the district's well-developed transport network and accessibility, which supports employee commutes and business development across the Greater Bay Area and Northern Metropolis, was the latest tenant at NWD's 83 King Lam......

NEW WORLD DEV (00017.HK) disclosed that its Grade A office building "83 King Lam Street" in Kowloon West has an occupancy rate of approximately 70%, with multinational corporations (MNCs) accounting for over half, mainly from the US, Japan, and Europe. Among them, the MNC infrastructure consultancy AECOM recently lease......

Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD) and founder of investment firm ALMAD Group, has become a shareholder in CBCX Group, a London-headquartered multi-asset broker. Founded in 2011, CBCX offers a trading platform for currencies, precious metals, stocks, indices and commodities. It is also expanding into the digital-asset ecosystem. “This strategic investment will inject significant momentum and resources into CBCX's growth across the......

New World Development (NWD) denied market speculation that it is conducting a liability-management exercise involving its perpetual bonds or other debt securities and seeking equity financing from investors, according to an exchange filing on Tuesday. The Hong Kong-based property developer, which has been battling liquidity problems for the past three years, made the statement in response to media reports that said the firm was in the process of preparing for these moves. “Shareholders, holders......

Distressed Hong Kong builder New World Development Co. said it isn't undertaking a liability management exercise in relation to its perpetual bonds or other debt securities, according to an exchange filing....

According to an announcement released by NEW WORLD DEV (00017.HK), the company is aware of certain media reports saying that it is in the process of preparing for a liability management exercise in relation to its perpetual securities, as well as potential equity financing from investors.NEW WORLD DEV wishes to clarify that it i......

Former CEO of NEW WORLD DEV (00017.HK), Adrian Cheng, recently announced the establishment of ALMAD Group. US short form content production and distribution company, Crisp Momentum, announced that ALMAD Group acquired a 24% stake and appointed Cheng as Chairman of the Board.In its press release, Crisp Momentum said that, as Chai......

BOCOMI's research report covered NEW WORLD DEV (00017.HK), which was expected to post a revenue of HK$27.68 billion for 2025, down 23% from 2024's HK$35.78 billion. This decline was attributable to the near completion of construction projects, lower revenue recognition from property development in Mainland China, and the......

Although NEW WORLD DEV (00017.HK) reduced its debt by $3.5 billion in FY2025 and completed loan refinancing of $88.2 billion, its net gearing ratio remained high at 77.5%, Morgan Stanley released a research report saying. The broker believed that the Company needs to dispose of more assets to accelerate deleveraging. The governm......

Weighed down by immense impairment provisions and one-off expenses, NEW WORLD DEV (00017.HK) logged a net loss of HKD16.3 billion for FY25 ended June 2025, according to a report from DBS Group Research.NEW WORLD DEV's successful refinancing of HKD88.2 billion in loans has substantially removed its debt burden over the short ......

NEW WORLD DEV (00017.HK) reduced its net debt by $3.5 billion YoY for FY2025 ended June, demonstrating efforts to improve cash flow through active sales and cost control, Citi Research issued a research report saying. NEW WORLD DEV's financing progress includes $88 billion refinancing, extending the maturity date (from June ......

According to a report from BofA Securities, NEW WORLD DEV's (00017.HK) FY25 core operating profit dropped by 13% YoY to HKD6 billion, 4% below the broker's estimate.NEW WORLD DEV also reported a net loss of HKD16.3 billion, primarily driven by an impairment of development properties amounting to HKD8.5 billion, other pro......

According to a HSBC Global Research report, NEW WORLD DEV (00017.HK) widened its loss for FY25 to HKD16 billion from HKD12 billion in the previous fiscal year, which the broker found not surprising in light of the company's business challenges and many losses being non-cash impairments.On a positive note, the broker noticed ......

NEW WORLD DEV (00017.HK) opened 2.55% lower this morning (29th) at HKD7.64, with a pre-market trading volume of 339,000 shares, involving HKD2.59 million.Last Friday (26th), NEW WORLD DEV announced its annual results for the year ended June 2025 after the bell. The annual loss attributable to shareholders narrowed to around HKD1......

New World Development (NWD), controlled by one of Hong Kong's richest families, reported losses for the second consecutive year even as its CEO assured shareholders that there was no need for “undue concern”. The developer, which has been battling liquidity problems for the past three years, said losses from continuing operations amounted to HK$16.3 billion (US$2.09 billion). This was more than 38 per cent higher than the HK$11.8 billion loss in the previous financial year from July 2023 to June......

NEW WORLD DEV (00017.HK) announced its full-year results today (26th).According to Executive Director and CEO Echo Huang, NEW WORLD DEV's loss attributable to shareholders from continuing operations in FY25 widened to HKD16.3 billion, mainly due to non-cash provisions and one-off losses.Seeing its capital expenditure for FY2......

NEW WORLD DEV (00017.HK) announced its annual results for the year ended June 2025, with a loss attributable to shareholders from continuing operations expanding to $16.301 billion, from $11.806 billion in the same period of 2024. LPS from continuing operations was $6.82. Nil dividend was declared.During the period, the Group re......

NEW WORLD DEV (00017.HK) announced that today (25th), a facility agreement was entered into by, among others, certain members of the group (as borrower and/or obligor) and Deutsche Bank AG (as arranger, original lender, and agent).Pursuant to the facility agreement, a term loan facility of up to HKD5.9 billion with an initial co......

New World Development Co. has raised HK$3.95 billion ($508 million) via a committed bank loan secured by its crown jewel asset, Victoria Dockside, according to a stock exchange filing Thursday....

NEW WORLD DEV (00017.HK) is in discussions with the Airport Authority Hong Kong (AAHK), seeking to reduce part of the rent for its 11 Skies mall, Bloomberg quoted insiders as saying. NEW WORLD DEV opened 1.3% higher this morning, but softened in the morning session. The stock last printed at $8.23, sliding 0.84%, with a turnover......