New World Development Company Limited

Overview

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• Ticker0017 on Hong Kong Stock Exchange¹
• Industryconglomerate¹
• HeadquartersHong Kong¹
• Websitewww.nwd.com.hk
• Legal formpublic limited company¹

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New World Development Company Limited (NWD) is a Hong Kong–based company focused on property, hotels, infrastructure and services and department stores. It was established on 29 May 1970 by Cheng Yu-tung. The company is publicly listed on the Stock Exchange of Hong Kong Limited (SEHK: 17) since 23 November 1972 and was formerly a constituent stock of Hong Kong Hang Seng Index.²

The story

Founded by Cheng Yu-tung on May 29, 1970.¹

Leadership

Who has led New World Development Company Limited, and when. Pick a name to see everywhere that person has worked.

• FounderCheng Yu-tung¹

Products and brands

• real property

Listed on Wikidata.¹

Subsidiaries and ownership

Owners

• Chow Tai Fook

Subsidiaries

• New World China
• New World Department Store China Limited

Also owns

• Scilla Holdings 100% since 1989
• CTF Services Limited
• Grand Hyatt Hong Kong
• Hyatt Regency Hong Kong, Sha Tin
• K11 Atelier
• New World Telecommunications Limited
• Victoria Dockside
• Vision Values Holdings Limited

From Wikidata.¹

Acquisitions

1. 2004Acquired Vision Values Holdings Limited¹
2. 1997Acquired Sun Mobile Limited¹
3. 1989Acquired Scilla Holdings¹

Timeline

1. Nov 23, 1972Went public Listed on Hong Kong Stock Exchange¹
2. May 29, 1970Founded Founded¹

Links

• Websitewww.nwd.com.hk¹
• Facebookwww.facebook.com/newworldgroup¹
• Instagramwww.instagram.com/theartisanalmovement¹
• WikipediaNew World Development
• WikidataQ752084