What Does New World Development Company Limited Do?

Total employees2147
HeadquartersCentral
FoundedN/A

New World Development Company Limited (NWD), founded in 1970 and publicly listed in Hong Kong since 1972 (Stock Code: 0017.HK), is a prominent conglomerate rooted in Hong Kong with a significant presence in Greater China. The company's core business areas include property development and investment, infrastructure and services, retail (K11 Group), and hotels. NWD is known for its commitment to 'Creating Shared Value' (CSV) and integrating sustainability and craftsmanship into its projects, aiming to build communities and enhance lifestyles. They are particularly recognized for innovative projects like K11 MUSEA and Victoria Dockside.

Where Is New World Development Company Limited's Headquarters?

HQ Function

Serves as the central hub for strategic decision-making, corporate governance, financial operations, and global business development for all its diverse segments.

Notable Features:

The New World Tower is a well-known commercial complex in a prime financial district, offering modern office facilities and accessibility. It reflects the company's established presence and significance in Hong Kong's business landscape.

Work Culture:

The work culture at NWD's headquarters emphasizes innovation, collaboration, and a 'Creating Shared Value' mindset. Employees are encouraged to contribute to sustainable development and community engagement, reflecting the company's 'The Artisanal Movement' philosophy.

HQ Significance:

The headquarters is strategically located in Hong Kong's financial heart, symbolizing NWD's deep roots and commitment to the city, while also serving as the command center for its expanding operations in Greater China and beyond.

Values Reflected in HQ: The headquarters' location and stature reflect stability, ambition, and a commitment to quality. Internally, the focus on CSV and artisanal spirit aims to foster innovation and purpose-driven work.

Location:

New World Development primarily operates in Greater China, with a strong focus on Hong Kong and Mainland China. Its global functions supported include property development, investment management, infrastructure project oversight, hotel operations under brands like Rosewood, retail management (K11), and various service industries. While its core assets are concentrated in Asia, its hotel and investment interests provide a broader international touchpoint.

Street Address:

30/F, New World Tower 1, 18 Queen's Road Central

City:

Central

State/Province:

Hong Kong

Country:

China

Where Else Does New World Development Company Limited Operate Around the World?

Beijing, China

Address: Units 01-05 & 16-20, 10/F, Office Tower 1, Beijing APM, No.138 Wangfujing Street, Dongcheng District, Beijing, China

Facilitates the company's expansion and management of residential, commercial, and mixed-use developments in Beijing and surrounding areas, aligning with NWD's growth strategy in Mainland China.

Shanghai, China

Address: Unit 1201-1202, 1208-1212, 12/F, K11 Office Tower, 300 Huaihai Middle Road, Huangpu District, Shanghai, China

Drives NWD's presence in Shanghai and the Yangtze River Delta, focusing on high-quality urban regeneration projects and the expansion of the K11 brand.

Guangzhou, China

Address: Units 01-08, 39/F, Chow Tai Fook Finance Centre, No.6 Zhujiang Dong Road, Tianhe District, Guangzhou, China

Acts as a strategic center for NWD's extensive investments in the Greater Bay Area, leveraging regional integration and development opportunities.

Buying Intent Signals for New World Development Company Limited

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading New World Development Company Limited? Meet the Executive Team

As of April 2025, New World Development Company Limited' leadership includes:

Dr. Henry Cheng Kar-shun - Chairman and Executive Director
Dr. Adrian Cheng Chi-kong - Chief Executive Officer and Executive Vice-chairman
Mr. Eric Ma Siu-cheung - Chief Operating Officer and Executive Director
Mr. Sitt Nam-hoi - Executive Director
Ms. Jenny Cheng Chi-hui - Executive Director
Mr. Edward Lau Wai-man - Chief Financial Officer

Who's Investing in New World Development Company Limited?

New World Development Company Limited has been backed by several prominent investors over the years, including:

Chow Tai Fook Enterprises Limited (Controlling Shareholder)
The Vanguard Group, Inc.
BlackRock, Inc.
State Street Global Advisors
Norges Bank Investment Management

What Leadership Changes Has New World Development Company Limited Seen Recently?

Hire1
Exits1

In the past year, New World Development has seen routine board member rotations and appointments as part of its corporate governance. Key leadership remains stable, focusing on strategic growth and the 'Creating Shared Value' philosophy.

Departures

Mr. Au Tak-cheong, Mr. Au Tak-cheong retired as an Independent Non-executive Director and from his committee roles.

New Appointments:

Ms. Lee Wai-sze, Sarah, GBS, MH, JP, Ms. Lee Wai-sze, Sarah appointed as an Independent Non-executive Director and member of key board committees.

What Technology (Tech Stack) Is Used byNew World Development Company Limited?

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New World Development Company Limited Email Formats and Examples

New World Development Company Limited typically uses a standard corporate email format. The most common structure is likely first name initial followed by last name, or first name dot last name.

[firstinitial][lastname]@nwd.com.hk or [firstname].[lastname]@nwd.com.hk

Format

acheng@nwd.com.hk

Example

80%

Success rate

What's the Latest News About New World Development Company Limited?

New World Development Press Release2024-05-28

New World Development Company Limited news title: NWD Wins 12 Accolades at The Asian Export Awards 2024 and Gathers Multiple Regional Property Honours

New World Development (NWD) recently secured 12 prestigious awards at The Asian Export Awards 2024. The Group’s exceptional performance in sustainable development, design excellence and innovative solutions has been lauded at the territory, regional and international levels....more

New World Development Interim Report 2023/20242024-02-29

New World Development Company Limited news title: NWD Announces 2023/2024 Interim Results Highlighting Resilient Performance

New World Development announced its interim results for the six months ended 31 December 2023, reporting attributable profit of HK$502 million. The company highlighted strong residential sales in Hong Kong and continued recovery in its investment property portfolio, particularly K11 projects in Hong Kong and Mainland China....more

New World Development Press Release2023-11-23

New World Development Company Limited news title: NWD Names Hong Kong's Olympic Cycling Heroine Sarah Lee as Independent Non-Executive Director

New World Development Company Limited has appointed Ms. Lee Wai Sze, Sarah, GBS, MH, JP as an Independent Non-executive Director, effective from 23 November 2023. This appointment aims to further diversify board expertise and enhance corporate governance....more

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