About New World Development
New World Development is a publicly listed company based in Hong Kong (China) founded in 1970. Real property development, hotels, infrastructure, and retail operations are managed. The company has 11,000 employees. Its chief executive, as recorded, is Adrian Cheng Chi-Kong. Its website nwd.com.hk draws about 36 thousand monthly visits. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Diversified. Its competitors include Vanke and Sunac.
Company details
New World Development was established in 1970 in Hong Kong, China, within the real estate sector. Operations are centered on property development, hotel management, infrastructure projects, and department store services. The company maintains a presence in these areas across the region. In 2022, annual revenues of 9.34 billion were achieved, alongside a net profit of 0.13 billion. Leadership is provided by CEO Adrian Cheng Chi-Kong.
- Headquarters Hong Kong, China
- Employees 11,000
- Stage Public
- SectorsReal Estate & Construction
- Website category Business and Consumer Services · Real Estate
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website nwd.com.hk
- Social LinkedIn Facebook Instagram
- Legal Name New World Development Co. Ltd.
- Annual Revenue$2.66 B (USD)-24.78as on Jun 30, 2026
- Net Profit-$2.48 B (USD)-19.21as on Jun 30, 2026
- EBITDA-$45.82 M (USD)-120.99as on Jun 30, 2026
- Employee Count11,000
People of New World Development
69 people are tracked at New World Development (23 in leadership, 12 in board & advisors, 34 in team); the tracked headcount is 11,000.
| Name | Role | Group |
|---|---|---|
Adrian Cheng Chi-Kong | CEO | Leadership |
Sitt Nam-Hoi | Executive Director | Leadership |
Huang Shaomei | Executive Director | Leadership |
Chiu Wai-Han | Executive Director | Leadership |
Kain Chow | General Manager, Technology & Transformation | Leadership |
Mengyi Jiang | Family Office - Director | Leadership |
Wendy Hong | Head Of Research | Leadership |
Thomas Lam | Director - Asset And Portfolio Management | Leadership |
Casey Hui | Senior Director, Head Of Finance And Accounts | Leadership |
Timothy Lau | General Manager - Finance & Accounts | Leadership |
Tommy Yeung | Assistant General Manager | Leadership |
Cheng Chi-Heng | Executive Director | Leadership |
Daming Li | General Manager - K11 Digital And Central CRM | Leadership |
Alex Cho | Assistant General Manager - Sales & Marketing | Leadership |
Jason Lui | General Manager – Infrastructure & Services - Technology Department | Leadership |
Gladys To | Head Of Tech Program Management | Leadership |
Andy Wong | Assistant General Manager, Head Of Technology Delivery | Leadership |
Jenny Chiu | Executive Director | Leadership |
Andy Lau | Asset Management Director - Hotel Division | Leadership |
Virginia Cheung | General Manager, Mergers And Acquisitions | Leadership |
49 more people are available in the full profile.
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IPO & Listings of New World Development
New World Development is a publicly listed company on the HKEX with ticker symbol 17 in Hong Kong, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date23 Nov 1972
- Listed onHKG: 0017
- Listed entityNew World Development Co. Ltd.
- Exchange sectorFinance
- ISINHK0000608585
- Share price5.07 HKD (-2.31% on the day) · 2026-10-14
- Market capitalisation13,061,326,975.00 HKD
- EPS (diluted, trailing year)-11.19 HKD
- Volume (last session)6,020,387
Financials of New World Development
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2026 | 20.85B HKD | -19.43B HKD | -359.3M HKD |
| 2025 | 27.71B HKD | -16.30B HKD | 1.71B HKD |
| 2024 | 35.83B HKD | -11.43B HKD | 3.74B HKD |
| 2023 | 54.61B HKD | 548.0M HKD | 9.78B HKD |
| 2022 | 68.69B HKD | 1.25B HKD | 11.22B HKD |
Detailed financial statements for New World Development
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Competitors of New World Development
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vanke.com | 1984 | Shenzhen, China | 77,708 | Real estate properties are developed in over 50 cities. | ||
| sunac.com.cn | 2003 | Shanghai, China | 19,271 | Residential and commercial real estate development is conducted by Sunac. |
Detailed competitors of New World Development
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Web traffic of New World Development
The website of New World Development (nwd.com.hk) receives about 35.7K visits a month and ranks #923,790 among all websites worldwide, #6,823 in Real Estate.
- Monthly visits35.7K
▲ 13.1% vs previous month
- Unique visitors14.2K
per month
- Global rank#923,790
among all websites
- Category rank#6,823
Business and Consumer Services · Real Estate
- Bounce rate46%
- Pages per visit2.0
- Average visit18 sec
- DevicesDesktop 43% Β· Mobile 57%
Websites whose visitors overlap most with New World Development. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kdc.com.hk | 100% | 2.1K | #7,381,251 | View details | |
| shkp.com | 93% | 125K | #304,754 | View details | |
octagon.co.uk | octagon.co.uk | 93% | #3,259,984 | β | |
cbre.com.cn | cbre.com.cn | 93% | #5,079,454 | β | |
| bgy.com.cn | 93% | 31.3K | #188,555 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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Related news about New World Development
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Frequently Asked Questions about New World Development
New World Development was founded in 1970.
New World Development is headquartered in Hong Kong, China.
Adrian Cheng Chi-Kong is the CEO of New World Development, as recorded in our data.
New World Development has 11,000 employees.
Annual revenue of New World Development is $2.66B as on Jun 30, 2026.
New World Development was established in 1970 in Hong Kong, China, within the real estate sector. Operations are centered on property development, hotel management, infrastructure projects, and department store services. The company maintains a presence in these areas across the region. In 2022, annual revenues of 9.34 billion were achieved, alongside a net profit of 0.13 billion. Leadership is provided by CEO Adrian Cheng Chi-Kong.
Yes, New World Development is publicly traded on HKEX under the ticker symbol 17.