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New World Development Co. is in talks with several potential investors including Blackstone Inc. and CapitaLand Group Pte. as ...
8d
TipRanks on MSNNew World Development Clarifies Take-Private Speculation
New World Development ( (HK:0017) ) has issued an announcement. New World Development Company Limited has issued a clarification announcement in response to media speculation about a potential ...
HONG KONG (Reuters) -Shares and bonds of Hong Kong property developer New World Development surged on Thursday after a media report on a potential take-private deal. Financial news provider Octus ...
New World Development secures 10,000 Circle HealthPods and 60,000 capsules, with retail value of HK $16.49m, to be utilized across its extensive ecosystem ...
New World Development Co. Ltd. operates as an holding company, which engages in the property development and investment businesses. It operates through the following business segments: Property ...
Its shares closed up 11.2% to HK$5.36, the highest since December 24. New World's market value has shrunk to about $1.7 billion from $14 billion in mid-2019.
E ric Ma, CEO of the Hong Kong billionaire Cheng family ’s flagship New World Development, has resigned from the top job. The surprise announcement comes just two months after Ma, who was COO of ...
At the group level, we do not believe New World Development possess an economic moat. We forecast NWD to generate a five-year average return on invested capital of 12%, only slightly above its ...
New World Development Co. Ltd. has bought back $610.3 million of seven dollar bonds in an effort to shore up its finances amid a long-running slump in China’s property sector.
New World Development currently trades at 0.39 times P/B, and offers a consensus forward FY2020 (YE June) dividend yield of 5.5%. Looking for more stock ideas like this one?
While New World Development is relatively cheap on an absolute basis trading at less than half times book value, it has traded at lower P/B ratios of 0.25 times in 2016 and 0.20 times in 2012.
HONG KONG (Reuters) -New World Development's shares and bonds rallied on Monday after the major Hong Kong developer said it would increase cash flow and cut debt, but analysts said a more concrete ...
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