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New World Development Co Ltd

00017

Company Profile

  • Business description

    New World Development, or NWD, is the listed property arm of Chow Tai Fook, owned by the Cheng family. Chow Tai Fook owns 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 2024

    Employees

    13,000

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,937.50 0.40 -0.01%
CAC 40 8,091.86 13.92 -0.17%
DAX 40 18,088.70 48.95 -0.27%
Dow JONES (US) 38,460.92 42.77 -0.11%
FTSE 100 8,040.38 4.43 -0.06%
HKSE 17,257.18 55.91 0.33%
NASDAQ 15,712.75 16.11 0.10%
Nikkei 225 37,654.46 805.62 -2.09%
NZX 50 Index 11,946.43 143.15 1.21%
S&P 500 5,071.63 1.08 0.02%
S&P/ASX 200 7,683.00 0.50 -0.01%
SSE Composite Index 3,049.80 4.98 0.16%

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