By Rishav Chatterjee (Reuters) -Hong Kong builder New World Development said on Monday it had received commitments for a ...

Cheng tendered his resignation as a non-executive director and non-executive vice-chairman of New World with effect from July ...

Bloomberg’s Hong Kong reporters followed the refinancing of New World amid a wave of property distress. We also have news on ...

New World Development borrowed money for projects that people inside and outside the company have characterised as ...

After a year of turmoil for the Cheng family, New World Development is trying to refinance $11 billion. Bloomberg Originals ...

The Hong Kong government has released its Policy Statement 2.0 on the Development of Digital Assets in the country.

Hong Kong property firm New World Development said today that it has closed a refinancing deal worth HK$88.2 billion (US$11.2 billion), securing a lifeline as the builder braves a prolonged market ...

Hong Kong developer New World Development (NWD) has successfully refinanced HK$88.2 billion (US$11.3 billion) of debt just before the deadline, concluding months of negotiations that pulled the ...

With a strong sales response for its jointly owned Deep Water Pavilia project in Wong Chuk Hang on the south side of Hong ...

Distressed Hong Kong builder New World Development has secured written commitments from all banks for a HK$87.5 billion ...

HONG Kong builder New World Development said on Monday it had received commitments for a HK$88.2-billion ($11.24-billion) loan refinancing package, as the property developer finalizes a crucial ...