Shares of New World Development surged on Wednesday after the cash-strapped Hong Kong property developer closed an HK$88.2 ...

HONG KONG (Reuters) -Shares of New World Development jumped as much as 11% in early trading on Wednesday, after the Hong Kong ...

Adrian Cheng, a third-generation heir to Hong Kong’s third-richest clan, has fully exited the family’s troubled property ...

Cheng will "devote more time on public services and other personal commitments," the company wrote in a filing.

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 ...

John Lee's team deserves credit for the work done, but must meet the challenges ahead with ingenuity and grit to finish the job The 28th anniversary of Hong Kong's return to China was marked yesterday ...

The company's exit from the U.K. market would spark a major index re-weighting, given AstraZeneca is the most valuable ...

China faces growing calls from policy advisers and economists to explore using stablecoins for cross-border payments, as the US moves to entrench the dollar’s dominance through the still-emerging ...

New World Development has secured HKD 88.2 billion in loan refinancing, easing pressure on one of Hong Kong’s most indebted developers. The package follows months of negotiations and the departure of ...

China faces growing calls from policy advisers and economists to explore using stablecoins for cross-border payments, as the ...