New World Development Company Limited (HKG: 0017)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
8.51
-0.01 (-0.12%)
Oct 10, 2024, 4:08 PM HKT

New World Development Company Company Description

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 also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as whole life, term, dread disease, medical, disability, and accident insurance products.

In addition, it is involved in the duty-free operation and general trading, civil engineering, loyalty program, modern logistics, land development, marketing, promotion, fashion retailing and trading, and piling and ground investigation businesses; and development and operation of sports park.

Further, the company manages Hong Kong convention and exhibition centre; operates toll roads, club houses, golf and tennis academies, and shopping malls; operates department stores; and provides information technology, endoscopic, healthcare, training course, ticketing, financial, project management and consultancy, retail and corporate sales, management, culture and recreation, advertising, building construction, estate agency, wellness and rehabilitation, endoscopic, carpark management, supply chain management, and catering services, as well as property management, business, and investment consultancy services.

Additionally, it offers elderly residential places and services; property agency, management, and consultancy services; and undertakes foundation works.

The company also invests in, owns, and operates hotel properties in Hong Kong, Mainland China, and the Southeast Asia.

New World Development Company Limited was incorporated in 1970 and is headquartered in Central, Hong Kong.

New World Development Company Limited
New World Development Company logo
Country Hong Kong
Founded 1970
Industry Real Estate - Diversified
Sector Real Estate
Employees 11,000
CEO Chi-Kong Cheng

Contact Details

Address:
New World Tower
Central
Hong Kong
Phone 852 2523 1056
Website nwd.com.hk

Stock Details

Ticker Symbol 0017
Exchange Hong Kong Stock Exchange
Fiscal Year July - June
Reporting Currency HKD
ISIN Number HK0000608585
SIC Code 6500

Key Executives

Name Position
Chi-Kong Cheng Chief Executive Officer
Fu Lau Chief Financial Officer
Siu-Cheung Ma Chief Operating Officer