New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company is also involved in the loyalty program, fashion retailing and trading, and land development businesses; and development and operation of sports park. In addition, it operates club houses, golf and tennis academies, and shopping malls; constructs and operates Skycity complex; and operates department stores. Additionally, the company offers information technology, training course, ticketing, financial, project management, retail and corporate sales, management, culture and recreation, construction, estate agency, supply chain management, property management, business and investment consultancy, accountancy, and consultancy services. It also invests in, owns, and operates hotel properties. New World Development Company Limited was incorporated in 1970 and is headquartered in Central, Hong Kong.
Hong Kong Market Performance
7D7 Days: 1.7%
3M3 Months: 18.8%
1Y1 Year: 42.2%
YTDYear to Date: 29.7%
The market has climbed 1.7% in the last 7 days, lead by the Communication Services sector with a gain of 3.1%. In the last year, the market has climbed 42%. As for the next few years, earnings are expected to grow by 11% per annum. Market details ›
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