New World Development (HKG:17) Use Of Debt Could Be Considered Risky

Simply Wall StMar 30 20:10 ET

NEW WORLD DEV: INTERIM REPORT 2024/2025

HKEXMar 27 04:32 ET · Announcements

Market Chatter: New World Development, Louis Vuitton In Talks for Mega Store

MT NewswiresMar 19 02:53 ET

From debt reduction to asset dividends, NEW WORLD DEV (00017.HK) highlights operational resilience.

With the arrival of March, the Hong Kong stock market enters the Earnings Reports season. NEW WORLD DEV (00017.HK), as a representative of Hong Kong-funded real estate companies, was the first to release its mid-term performance for the 2024/2025 fiscal year on February 28, making it a key window for observing the recovery of the Real Estate industry.

Gelonghui FinanceMar 5 23:14 ET

【Brokerage Focus】Open Source Securities maintains a "Buy" rating on NEW WORLD DEV (00017), indicating that its property development revenue has improved.

Jinwu Financial News | According to a research report from Kyg Securities, based on NEW WORLD DEV (00017) announcing its mid-term performance for FY2025, the company achieved revenue of 16.79 billion HKD in the first half of FY2025, a year-on-year decrease of 1.6%. The core operating profit was 4.42 billion HKD, a decline of 18% year-on-year, resulting in a net income of -6.633 billion HKD. The decline in performance was mainly due to changes in the fair value of property projects eroding profits by 4.95 billion HKD. At the end of FY2025H1, the company had 34 billion HKD in available capital resources, including 22 billion HKD in cash and bank deposits, and 1 billion HKD in available bank loans.

Jingwu Financial NewsMar 4 02:19 ET

[Brokerage Focus] HSBC Research: Data from the domestic property market far exceeds basic expectations, and the market is experiencing a recovery in confidence.

Gold Ing Finance News | HSBC Research released a report indicating that the mainland real estate market is experiencing a recovery in confidence. Data from the mainland housing market continues to improve, far exceeding market expectations. Investors' views are more optimistic, especially in Singapore, while Hong Kong investors are relatively cautious. The bank believes that investors have not yet fully positioned themselves, providing space for further increases in real estate stocks. Investors generally believe that this year's most important task is to make the correct determination regarding the China market. If China's recovery further strengthens, especially driven by the recovery in the housing market, Hong Kong stocks and the real estate market should benefit accordingly. Regarding Hong Kong Property Stocks, the report states that although

Jingwu Financial NewsMar 3 21:37 ET