SEHK:17Real Estate
The Bull Case For New World Development (SEHK:17) Could Change Following Aggressive Deleveraging And Asset Sales
In recent days, New World Development intensified its deleveraging drive, continuing to sell assets to reduce net gearing and ease creditor concerns amid a weak Hong Kong property market.
This push to slim down the balance sheet highlights how balance sheet health is becoming as important as project pipelines for major developers.
We’ll now explore how this renewed focus on asset disposals and debt reduction could influence New World Development’s wider investment narrative.
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