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

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

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

In this week’s Hong Kong Edition, we delve into the state of the property market after New World’s refinancing deal, ...

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

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 ...

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

New World’s refinancing — which would be one of the largest of its kind ever in Hong Kong — marks the end of months-long ...

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

Hong Kong's New World Development is actively negotiating with creditors to refinance substantial loans amidst growing ...

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

The sale comes on the heels of New World Development's recently concluded $11.2 billion debt refinancing deal, providing a reprieve to the cash-strapped Hong Kong-based developer.