Shares of New World Development surged on Wednesday after the cash-strapped Hong Kong property developer closed an HK$88.2 ...

HONG KONG (Reuters) -Shares of New World Development jumped as much as 11% in early trading on Wednesday, after the Hong Kong ...

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

Adrian Cheng, a third-generation heir to Hong Kong’s third-richest clan, has fully exited the family’s troubled property ...

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

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 finalises a crucial ...

Cheng will "devote more time on public services and other personal commitments," the company wrote in a filing.

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

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 ...

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