Hong Kong builder New World Development said on Monday it had received commitments for a HK$88.2 billion ($11.24 billion) loan refinancing package, as the property developer finalises a crucial ...

New World Development has successfully paid the interest on a dollar bond, alleviating some market fears regarding its liquidity. The Hong Kong property developer, facing high debt levels and ...

Jointly developed by New World Development, Empire Group, CSI Properties, Lai Sun Development, and MTR Corporation, DEEP WATER PAVILIA offers a new ultra-luxury residential property option for Hong ...

New World Development , one of the biggest property developers in Hong Kong, reported an interim net loss of HK$6.63 billion ($852.45 million) on Friday, following a prolonged property downturn ...

New World Development Co., the distressed Hong Kong developer that’s unsettled investors by delaying some debt payments, faces a critical test Monday when interest comes due on a dollar bond.

New World Development Co. bondholders are growing frustrated with the level of financial disclosure by the cash-strapped developer as it prioritizes communication with banks during critical loan ...

Representative Image BENGALURU: Hong Kong 's New World Development said on Monday it remains "actively engaged" with creditors to refinance existing loans and that talks are ongoing. The update ...

New World Development Co. and its partners sold 138 apartments in a few hours at a new project after pricing the homes at a discount to lure buyers in Hong Kong’s sluggish real estate market.

Hong Kong’s New World Development said talks with creditors about refinancing its HK$124 billion (US$15.8 billion) debt were “ongoing”, downplaying “market speculation and rumours” about ...

The liquidity crunch at New World Development (NWD), one of Hong Kong’s biggest developers, is a blemish on the resurgent housing market, threatening to shake confidence among homebuyers and ...

New World Development (NDVLY) is inching closer to sealing a massive HK$87.5 billion ($11.1 billion) loan refinancing, potentially giving the debt-laden Hong Kong builder some much-needed ...