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New World Development Co (STU:NWDA) Interest Expense (Positive)


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What is New World Development Co Interest Expense (Positive)?

Interest Expense (Positive) only applies to insurance companies.


New World Development Co Business Description

Traded in Other Exchanges
Address
16-18 Queen's Road, Central, 30th Floor, New World Tower, Hong Kong, HKG
New World Development, or NWD, is the listed property arm of Chow Tai Fook, owned by the Cheng family. Chow Tai Fook owns a 45% stake in NWD, which mainly engages in residential property development and investment properties of retail malls and offices in Hong Kong and mainland China. NWD also develops high-end hotels across Hong Kong, mainland China and in Southeast Asia. Additionally, NWD holds a 75% interest in New World Department Store China, which operates 24 department stores in mainland China.