SEHK:17Real Estate
A Look At New World Development (SEHK:17) Valuation As Chow Tai Fook Deal Extends Revenue Visibility
Chow Tai Fook Jewellery Group has renewed its Master Leasing and Licensing Agreement with New World Development (SEHK:17) for three years from June 2026 to June 2029, maintaining a multi year commercial relationship.
See our latest analysis for New World Development.
The renewed agreement lands as New World Development’s share price has climbed 15.7% year to date to HK$8.55, with a 1 year total shareholder return of 95.65% contrasting with weaker 3 and 5 year total shareholder returns.
If...