Advertisement
Advertisement
U.S. Markets open in 22 mins
Advertisement
Advertisement
Advertisement
Advertisement

New World Development Company Limited (0017.HK)

HKSE - HKSE Delayed Price. Currency in HKD
Add to watchlist
33.850+0.400 (+1.20%)
At close: 4:08PM HKT
Advertisement
Full screen
Loading interactive chart...
  • Reuters

    Hong Kong developer to research how to tackle chronic housing shortage

    HONG KONG (Reuters) -Hong Kong property developer New World Development said on Thursday it would launch a research project to tackle a chronic housing shortage and sky-high home prices in one of the world's most expensive property markets. As part of the initiative, New World said a committee would study long-standing housing issues, ranging from unaffordable prices, longed waiting times for public housing and a lack of elderly-friendly homes as the population ages. "Solving Hong Kong's deep-rooted housing issue is fundamental to the city's future growth," Adrian Cheng, chief executive of New World and chairman of the initiative, New World Build for Good, said in a statement.

  • PR Newswire

    New World Development partners with CityU to Accelerate Net Zero Carbon by 2050

    New World Development Company Limited ("NWD" or the "Company") is partnering with City University of Hong Kong ("CityU") to accelerate its ambition to achieve Science Based Targets by 2030 and Net Zero Carbon by 2050, echoing the HKSAR Government's own green target.

  • Reuters

    With tighter grip, Beijing sends message to Hong Kong tycoons: fall in line

    As Beijing seeks to tighten its grip over Hong Kong, it has a new mandate for the city's powerful property tycoons: pour resources and influence into backing Beijing's interests, and help solve a potentially destabilising housing shortage. Chinese officials delivered the message in closed meetings this year amid broader efforts to bring the city to heel under a sweeping national security law and make it more "patriotic," according to three major developers and a Hong Kong government adviser familiar with the talks. Beijing is no longer willing to tolerate "monopoly behaviour," the source added.

Advertisement
Advertisement