By Rishav Chatterjee (Reuters) -Hong Kong builder New World Development said on Monday it had received commitments for a ...

Bloomberg’s Hong Kong reporters followed the refinancing of New World amid a wave of property distress. We also have news on ...

Cheng tendered his resignation as a non-executive director and non-executive vice-chairman of New World with effect from July ...

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's New World Development said on Monday it remains "actively engaged" with creditors to refinance existing loans and ...

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 finalizes a crucial ...

New World Development borrowed money for projects that people inside and outside the company have characterised as ...

Hong Kong property firm New World Development said today that it has closed a refinancing deal worth HK$88.2 billion (US$11.2 billion), securing a lifeline as the builder braves a prolonged market ...

The government of China's Hong Kong Special Administrative Region (HKSAR) on Tuesday held a flag-raising ceremony and a ...

After a year of turmoil for the Cheng family, New World Development is trying to refinance $11 billion. Bloomberg Originals ...

Hong Kong developer New World Development (NWD) has successfully refinanced HK$88.2 billion (US$11.3 billion) of debt just before the deadline, concluding months of negotiations that pulled the ...