New World Shares Rally After CEO Pledges to Sell Non-core Assets
Shares of New World Development Co. rose the most in five months, after the company’s chief executive officer pledged to cut ...
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New World Development's debt repayment in focus amid $875 million expected H1 loss
They also want an update from new CEO Echo Huang on the firm's progress in its plans for deleveraging, debt repayment and asset disposal. New World has undergone two CEO changes in two months, with ...
New World Development says will raise cash, cut debt after first-half loss
New World Development , one of the biggest property developers in Hong Kong, reported an interim net loss of HK$6.63 billion ($852.45 million) on Friday, following a prolonged property downturn and ...
New World Development reports $852 million first-half net loss
New World Development, one of the biggest property developers in Hong Kong, reported an interim net loss of HK$6.63 billion ($852.45 million) on Friday, following a prolonged property downturn and ...
Hong Kong developer New World plans to launch ‘Front Tower’ office building in Hangzhou
“Hangzhou is driving high-quality economic development through the rapid growth of emerging industries and innovative ...
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New World Development says will raise cash, cut debt after first-half loss
CEO Echo Huang, who has led the company since November, said she would increase cashflow and cut debt by accelerating asset sales and lowering capital expenditure. Financial markets are watching ...
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New World Development’s debt repayment in focus amid US$875 million expected H1 loss
They also want an update from new chief executive Echo Huang on the firm’s progress in its plans for deleveraging, debt repayment and asset disposal. New World has undergone two CEO changes in two ...