New World Development
Overview
New World Development is a Hong Kong-based real estate conglomerate specializing in property investment, development, and infrastructure. It holds a leading position in Hong Kong's luxury residential market and is notable for its extensive land bank in the Greater Bay Area.
Description
New World Development is a leading Hong Kong-based conglomerate with core businesses in property development, infrastructure, and retail. The company is known for its premium residential and commercial projects in Hong Kong and mainland China, and operates the K11 brand of art-themed malls and luxury hotels. It is one of the largest real estate developers in Greater China by market capitalization.
Founded1970
Employees40000.0
Market Cap12B
Revenue8.5B
TickerHKEX:0017
CEOEric Ma Siu-cheung
HeadquartersHong Kong
Key Facts
- Residential properties
- Commercial real estate
- K11 shopping malls