New World Development, built by the Chengs – one of Hong Kong’s “big four” property dynasties, is now struggling with debt after years under a third-generation heir’s leadership, highlighting the ...

Feb 21 (Reuters) - Hong Kong-based property developer New World Development (0017.HK), opens new tab said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the ...

As distressed Hong Kong builder New World Development Co. gathers more support from banks for its targeted HK$87.5 billion ($11.1 billion) loan refinancing, a key part of the terms shows that it must ...

Nov 3 (Reuters) - Hong Kong property developer New World Development (0017.HK), opens new tab has launched a debt exchange offer of up to $1.9 billion, aiming to restructure its outstanding perpetual ...

Distressed Hong Kong builder New World Development Co. has secured written commitments from all banks for a HK$87.5 billion ($11.1 billion) loan refinancing, people familiar with the matter said, ...

New World Development's K11 Musea shopping mall, part of the company's flagship Victoria Dockside development in Hong Kong's Tsim Sha Tsui district. Shares of New World Development, controlled by Hong ...

Casa dos Ventos wind turbines operate in Serra da Babilonia in Morro do Chapeu, Bahia state, Brazil, on May 17, 2023. Maria Magdalena Arrellaga/Bloomberg—Getty Images As the world accelerates efforts ...

Risk is all around us, an inherent part of life. And in the world of development, there are also risks, including war, civil disturbance and expropriation. Junaid Kamal Ahmad: When Egypt did in fact ...