New World Development Seals $80 Million Deal for Industrial Tower in Hong Kong
12 days ago
In a significant financial move, New World Development, a prominent real estate conglomerate based in Hong Kong, has successfully sold its industrial tower for a substantial sum of $80 million. This transaction comes amidst evolving market conditions and reflects the ongoing transformations within the industrial property segment in Hong Kong.
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New World Development Halts Trading Amid Reports of CEO Departure
3 months ago
One of Hong Kong's most powerful property groups, New World Development, suddenly suspended the trading of its shares amid reports of a top-management shake-up. The move came amidst swirling rumors and growing uncertainty over the reported exit of the Chief Executive Officer at the helm, thereby causing ripples among investors.
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