By Clare Jim HONG KONG (Reuters) -Shares of New World Development surged on Wednesday after the cash-strapped Hong Kong ...

Shares of New World Development jumped as much as 11% in early trading on Wednesday, after the Hong Kong major property ...

John Lee's team deserves credit for the work done, but must meet the challenges ahead with ingenuity and grit to finish the job The 28th anniversary of Hong Kong's return to China was marked yesterday ...

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 ...

The government of China's Hong Kong Special Administrative Region (HKSAR) on Tuesday held a flag-raising ceremony and a ...

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 has secured HKD 88.2 billion in loan refinancing, easing pressure on one of Hong Kong’s most indebted developers. The package follows months of negotiations and the departure of ...