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

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

Hong Kong developer New World Development (NWD) has successfully refinanced HK ... including the New World Tower headquarters and Victoria Dockside complex in Tsim Sha Tsui, the company did not give ...

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 ...

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

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

Chief Executive John Lee on Saturday said Hong Kong would take a “new leap forward” by fulfilling its constitutional ...