Henry Cheng (Chairman) Adrian Cheng（Executive Vice-chairman and Chief Executive Officer）
Products
Real property, Hotel, Infrastructure and Services, General merchandise
Revenue
HK $59,6 billion (as of financial year 2016)
Owner
Chow Tai Fook Enterprises Limited
Number of employees
About 50,000 people (as of financial year 2014)
Subsidiaries
NWS Holdings
New World Department Store China
New World China Land
Website
www.nwd.com.hk
New World Development
Traditional Chinese
新世界發展有限公司
Simplified Chinese
新世界发展有限公司
Transcriptions
Standard Mandarin
Hanyu Pinyin
Xīn Shìjiè Fāzhǎn Yǒuxiàngōngsī
Yue: Cantonese
Jyutping
san1 sai3 gaai3 faat3 zin2 jau5 haan6 gung1 si1
New World Development Company Limited (NWD), is a Hong Kong-based company focused on property, hotels, infrastructure and services and department stores. It was established on 29 May 1970 by Cheng Yu-tung. The company is publicly listed on the Stock Exchange of Hong Kong Limited (SEHK: 17) since 23 November 1972 and is a constituent stock of Hong Kong Hang Seng Index.[1]
Over the last four decades, the group has also actively participated in various businesses in Mainland China and established itself as one of the largest foreign direct investors in the country. The group's existing investments in Mainland China has exceeded US$16.5 billion, spreading across four municipalities and over 19 provinces.[1]
^ ab"Corporate | New World Development Company Limited Official Website". www.nwd.com.hk. Retrieved 8 October 2015.
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