SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'no' New World Development Co Financial Dictionary(NDVLY)
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New World Development Co


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New World Development Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World Development Co Ltd (OTCPK:NDVLY) » Definitions
Comparable Companies
HKSE:00041 HKSE:00207 HKSE:00258 HKSE:00242 HKSE:00050 HKSE:00978 HKSE:01329 HKSE:00120 HKSE:00251 HKSE:00488 ASX:GMG TSE:8801 TSE:8802 PHS:SMPH HKSE:00012 OSTO:BALD B BKK:CPN TSE:1878 XSWX:SPSN SHSE:600415
Traded in Other Exchanges
NWWDF:USA 00017:Hong Kong NWDA:Germany
Address
16-18 Queen's Road, Central, 30th Floor, New World Tower, Hong Kong, HKG
Website
https://www.nwd.com.hk
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.