Primer: New World Development (17 HK) - Dec 2025
New World Development (NWD) is a high-leverage property developer currently trading at a significant discount to its book value, positioning it...
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New World Development (17 HK)
New World Development (17 HK)
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Analysis
Real Estate • Hong Kong
New World Development is a Hong Kong-based conglomerate primarily engaged in property development and investment, hotels, infrastructure and services, and department stores in Greater China, particularly the Greater Bay Area. Its portfolio includes residential, retail, office, and industrial properties, as well as hotel operations and various infrastructure projects. The company was founded in 1970 and is headquartered in Central, Hong Kong.
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