Blackstone Inc. has walked away from a proposed $4 billion tie-up with New World Development Co. after the embattled property ...

The unexpected departure of Eric Ma cast a shadow over New World’s efforts to turn around its struggling business amid property downturns. Eric Ma, CEO of the Hong Kong billionaire Cheng family’s ...

HONG KONG (Reuters) -Embattled New World Development said on Tuesday it expected $1.3 billion of its debt, majority of it being perpetual bonds, to be cut after setting an early deadline for its ...

New World Development Co., the cash-strapped property developer, is in talks to sell its 50% stake in a portfolio of three ...

(Bloomberg) -- New World Development Co. posted a second straight year of losses as debt pressures and a weak property market took a toll on the distressed Hong Kong builder. The developer controlled ...

Good afternoon. Welcome to New World Development's FY 2026 interim presentation, online analysts and investors meeting. I am IR Director, Patrick Cheong. I am the moderator for this meeting. First of ...

New World Development (HK:0017) has released an update. New World Development Company Limited has announced its board of directors, highlighting the roles of key executives and their responsibilities ...