New World Development Company Limited (HKG:0017)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
5.63
-0.12 (-2.09%)
Jun 26, 2025, 11:44 AM HKT
-22.45%
Market Cap 14.47B
Revenue (ttm) 35.51B
Net Income (ttm) -18.78B
Shares Out 2.52B
EPS (ttm) -7.46
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 16,602,902
Average Volume 17,719,898
Open 5.75
Previous Close 5.75
Day's Range 5.36 - 5.75
52-Week Range 4.01 - 10.86
Beta 0.59
RSI 68.15
Earnings Date May 29, 2025

About HKG:0017

New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company is also involved in the loyalty program, fashion retailing and trading, and land development businesses; and development and operation of sports park. In addition, it operates club houses, golf and tennis academies, and shopping malls; constructs and operates Skycity complex; and opera... [Read more]

Sector Real Estate
Founded 1970
Employees 11,000
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 0017
Full Company Profile

Financial Performance

Financial Statements

News

Hong Kong’s New World downplays talk of debt deal as analysts see path forward

Hong Kong’s New World Development said talks with creditors about refinancing its HK$124 billion (US$15.8 billion) debt were “ongoing”, downplaying “market speculation and rumours” about an imminent d...

2 days ago - South China Morning Post

Homebuyers snap up Deep Water Pavilia flats amid discounts, low interest rates

The first batch of flats on offer at the Deep Water Pavilia project on the south side of Hong Kong island is expected to sell out, according to property agents, as homebuyers rushed to snap up availab...

11 days ago - South China Morning Post

Debt crunch at NWD stokes downside risk in Hong Kong home prices, S&P says

The liquidity crunch at New World Development (NWD), one of Hong Kong’s biggest developers, is a blemish on the resurgent housing market, threatening to shake confidence among homebuyers and trigger a...

14 days ago - South China Morning Post

First flats in NWD-led Deep Water Pavilia go on sale on Saturday

A consortium led by New World Development (NWD) on Saturday will sell the first batch of flats in a new residential project on the south side of Hong Kong Island after pricing them below neighbouring ...

15 days ago - South China Morning Post

NWD and partners set record-low price for Southside Hong Kong flats

A consortium of builders led by New World Development (NWD) priced a new residential project on the south side of Hong Kong Island below all neighbouring developments, as the embattled company seeks t...

20 days ago - South China Morning Post

NWD-led group gets US$166 million from home sales in Hong Kong Southern district

A consortium of developers, led by New World Development (NWD), raked in HK$1.3 billion (US$166 million) from the sale of 24 luxury units in Hong Kong’s Southern district, as wealthy buyers take advan...

26 days ago - South China Morning Post

Well-heeled buyers swarm to New World-led Deep Water Pavilia luxury project

The developers of a luxury residential project in Hong Kong’s Southern district pulled in more than HK$1 billion (US$128 million) from the sale of 17 units, as wealthy buyers took advantage of a marke...

4 weeks ago - South China Morning Post

22 Hong Kong, mainland firms express interest in pilot Northern Metropolis scheme

Henderson Land Development, New World Development and Sino Land among those to signal interest, after Beijing official urged involvement.

3 months ago - South China Morning Post

New World Development reports losses as debt ratio worsens amid property slump

While net debt increased by less than 1 per cent, the group’s net gearing ratio worsened to 57.5 per cent in December from 55 per cent in June.

4 months ago - South China Morning Post

New World Development warns of US$871 million first half loss amid weak property market

The developer is suffering from valuation losses on its investment properties and high interest rate payments, analyst say.

4 months ago - South China Morning Post

Hong Kong homebuyers flock to NWD’s State Pavilia project amid ‘attractive’ pricing

As of 3pm, New World Development sold 103 of the 168 units on offer at its latest residential project in North Point.

4 months ago - South China Morning Post

K11’s Adrian Cheng resurfaces in French cultural exchange with President Emmanuel Macron

‘Our focus is on the global development of the cultural industry,’ former New World Development CEO says.

5 months ago - South China Morning Post

Hong Kong’s New World Development Faces Turmoil Amid Debt Woes and Leadership Shake-Up

Hong Kong’s New World Development, long considered a stable pillar among the city’s “big four” property dynasties, is facing mounting challenges as it grapples with debt concerns, leadership transitio...

5 months ago - CEOWORLD magazine

Hong Kong Builder New World Asks Banks to Extend Loan Due Dates

Hong Kong property firm New World Development Co. is in talks with banks to extend the due dates of some bilateral loans, said people familiar with the matter.

6 months ago - BNN Bloomberg

New World Sells Industrial Tower for $80 Million, Sing Tao Says

Embattled Hong Kong developer New World Development Co. sold an industrial building in the city’s Kowloon area for HK$620 million ($80 million), Sing Tao Daily reported, citing unidentified people.

7 months ago - BNN Bloomberg

Hong Kong’s New World Development replaces CEO Eric Ma after two months

Hong Kong property developer New World Development said on Friday that Eric Ma will step down as chief executive officer after having spent just two months on the job. The sprawling business empire, r...

7 months ago - Hong Kong Free Press

New World Development Makes Strategic Shift With New CEO – Selling Assets to Tackle Debt

New World Development (NWD) has divested its interest in Hong Kong’s largest sports infrastructure project, Kai Tak Sports Park (KTSP), to its parent company, Chow Tai Fook Enterprises (CTFE). The mov...

7 months ago - CEOWORLD magazine

New World Development Co Ltd (NWWDF) (Q4 2024) Earnings Call Transcript Highlights: Key ...

New World Development Co Ltd (NWWDF) (Q4 2024) Earnings Call Transcript Highlights: Key Financial Metrics and Strategic Insights

9 months ago - GuruFocus

New World Development Shares Soar by 23% After Adrian Cheng Steps Down as CEO

Shares of New World Development, one of Hong Kong’s major property companies, surged by 23% on Friday after the unexpected resignation of Adrian Cheng, a member of the company’s founding family. The c...

9 months ago - CEOWORLD magazine

Full Year 2024 New World Development Co Ltd Earnings Call (Chinese, English) Transcript

Full Year 2024 New World Development Co Ltd Earnings Call (Chinese, English) Transcript

9 months ago - GuruFocus

Hong Kong's New World Development shares surge 23% after CEO resigns

The company said Chief Operating Officer Eric Ma Siu-Cheung has been appointed as the new CEO.

9 months ago - CNBC

New World Development shares jump after appointment of new CEO Eric Ma

Shares of New World Development surged after resuming trading following the replacement of its CEO, as the property developer seeks a revamp.

9 months ago - South China Morning Post

Hong Kong property giant New World Development replaces CEO Adrian Cheng after first annual loss in 20 years

Hong Kong property behemoth New World Development announced Thursday that its chief executive officer Adrian Cheng has been replaced, as the firm reported an annual loss of over US$2.5 billion. Share ...

9 months ago - Hong Kong Free Press

Hong Kong stocks return to 4-month high as stimulus rally carries on

Limiting gains, local developers retreated after New World Development’s shares were suspended amid CEO report, imminent results.

9 months ago - South China Morning Post

New World Development, retail unit, suspended from trading following Adrian Cheng report

Hong Kong developer New World Development and another listed unit were suspended from trading on Thursday.

9 months ago - South China Morning Post