New World Development Co Ltd

NWDA

Company Profile

  • Business description

    New World Development is the listed property arm of Chow Tai Fook, owned by the Cheng family. Chow Tai Fook owns about a 45% stake in NWD, which mainly engages in residential property development and investment properties of retail malls and offices in Hong Kong and mainland China. NWD also develops high-end hotels across Hong Kong, mainland China and in Southeast Asia. Additionally, NWD holds a 75% interest in New World Department Store China, which operates 24 department stores in mainland China.

  • Contact

    16-18 Queen's Road, Central
    30th Floor, New World Tower
    Hong Kong
    HKG

    T: +852 25231056

    https://www.nwd.com.hk

  • Sector

    Real Estate

    Stock type

    Cyclical

  • Industry

    Real Estate - Diversified

    Fiscal Year End

    30 June 2026

    Employees

    10,000

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