New World Development Co Ltd

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New World Development Co Ltd (0017) Price Performance

New World Development Co Ltd (0017) trades on Hong Kong Stock Exchange in HKD. The company is classified in the Real Estate sector under the Real Estate - Diversified industry. The stock currently trades at HKD8.58, down 3.05% from the previous close.

Over the past year, 0017 has traded between a low of HKD4.42 and a high of HKD11.38. The stock has gained 87.3% over this period. It is currently 24.6% below its 52-week high.

New World Development Co Ltd has a market capitalization of $22.35B, with a price-to-earnings ratio of 126.32.

About New World Development Co Ltd

New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company is also involved in the loyalty program, fashion retailing and trading, and land development businesses; and development and operation of sports park. In addition, it operates club houses, golf and tennis academies, and shopping malls; constructs and operates Skycity complex; and operates department stores. Further, the company offers information technology, training course, ticketing, financial, project management, retail and corporate sales, management, culture and recreation, construction, estate agency, supply chain management, property management, business and investment consultancy, accountancy and advisory, and consultancy services. Additionally, it invests in, owns, and operates hotel properties. New World Development Company Limited was incorporated in 1970 and is headquartered in Central, Hong Kong.

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