This photo shows the aircraft carrier Shandong sailing in Hong Kong waters, South China, July 3, 2025. A fleet of the Chinese ...

Government rhetoric about bank leniency towards developers is ‘favourable’ for the debt-laden company, Morningstar analyst ...

New World Development borrowed money for projects that people inside and outside the company have characterised as ...

Beleaguered Hong Kong property developer New World secured a HK$88.2 billion ($11.2 billion) loan on June 30, in an ...

Hong Kong developer New World Development (NWD) has successfully refinanced HK$88.2 billion (US$11.3 ... including the New World Tower headquarters and Victoria Dockside complex in Tsim Sha Tsui, the ...

Repositioning the city's other venues to make full use of them will help Hong Kong cement its credentials as a world-class host The opening of Kai Tak Sports Park has given a substantial boost to the ...

New World’s refinancing — which would be one of the largest of its kind ever in Hong Kong — marks the end of months-long ...

The sale comes on the heels of New World Development's recently concluded $11.2 billion debt refinancing deal, providing a reprieve to the cash-strapped Hong Kong-based developer.

HONG KONG] Two of Hong Kong’s iconic property landmarks are benefiting from the city’s surprisingly loose short-term lending ...

Hong Kong's share sales are booming, aiming for the second-largest global market position since 2012. Electric carmakers and ...

The developer will default if it can’t secure an $11 bln bank refinancing. Hong Kong could endure the resulting pain, similar to the crisis Evergrande’s default precipitated on the mainland. Before it ...

Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced leadership ...