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$88.2 billion (US$11.3 ... including the New World Tower headquarters and Victoria Dockside complex in Tsim Sha Tsui, the ...

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

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 ...

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

Businesses have been told to adapt so they can compete in the new environment but it is increasingly clear that alone will not be enough Vicious cycles are difficult to break. As Hong Kong scrambles ...

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 ...

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 ...

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

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