New World Development Co Ltd (hkse:00017) Share Price

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 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
10,500

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