About New World Development
New World Development is a company based in Hong Kong (China) founded in 1970. The company has 11,000 employees as of June 30, 2024. New World Development operates in a competitive market with competitors including Vingroup, Lendlease, Lodha Group, Vanke and Frasers Property, among others.
- Headquarter Hong Kong, China
- Employees 11000 as on 30 Jun, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
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Phone
Locked
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Website
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Social
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- Legal Name New World Development Co. Ltd.
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Annual Revenue
$3.53 B (USD)-22.65as on Jun 30, 2025
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Net Profit
-$2.08 B (USD)-42.67as on Jun 30, 2025
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EBITDA
$217.84 M (USD)-54.18as on Jun 30, 2025
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
11000
as on Jun 30, 2024
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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.
People of New World Development
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Funding Insights of New World Development
Detailed funding history for New World Development
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Investments & Acquisitions by New World Development
Investment portfolio details for New World Development
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Financial Statements - New World Development
Detailed financials for New World Development
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New World Development Comparisons
Peer comparison for New World Development
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Competitors of New World Development
New World Development operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vingroup, Lendlease, Lodha Group, Vanke and Frasers Property, among others.
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Real estate development and management services are offered by Vingroup.
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Sustainable project development and maintenance services are provided worldwide.
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Developer of residential and commercial real estate properties
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Real estate properties are developed in over 50 cities.
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Residential and commercial properties are developed and managed across regions.
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Eiffage is engaged in construction, energy, and infrastructure concessions.
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Detailed competitors of New World Development
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Latest news on New World Development
Complete news archive for 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 current CEO of New World Development.
As of Jun 30, 2024, the latest employee count at New World Development is 11,000.
Annual revenue of New World Development is $3.53B as on Jun 30, 2025.
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.
New World Development's top competitors include Godrej Properties, Vingroup and DLF India.
Yes, New World Development is publicly traded on HKEX under the ticker symbol 17.
The ticker symbol of New World Development is 17 on HKEX.