New World Development Company Limited

New World Development Company Limited, established in 1970 and headquartered in Central, Hong Kong, is a multifaceted investment holding company. Its core business revolves around property development and investment, encompassing a broad portfolio of residential, retail, office, and industrial properties both within Hong Kong and internationally. Beyond real estate, the company operates across numerous diverse sectors. It manages a significant hospitality and leisure portfolio, including the Hong Kong Convention and Exhibition Centre, 18 hotels with approximately 7,503 rooms (as of June 30, 2021) across Hong Kong, Mainland China, and Southeast Asia, as well as shopping malls, department stores, golf academies, and tennis academies. The company also has substantial interests in infrastructure and construction, operating expressways, offering commercial aircraft leasing services, and undertaking various residential and commercial construction projects, including façade, foundation, piling, and ground investigation works. Its retail and trading operations include duty-free businesses, general trading, fashion retailing, the operation of household goods shops and convenience stores, and the sale of LED lighting products and telecommunication system integration products. New World Development provides a wide array of services, such as property agency, management, and consultancy, carpark management, IT solutions, healthcare, wellness and rehabilitation, endoscopic services, training courses, ticketing, financial services, project management, business and investment consultancy, advertising, media, bus services, supply chain management, and catering. Furthermore, it offers protection and savings-related life and medical insurance products, develops loyalty programs, and operates sports parks. The company also provides vital social care through elderly residential and nursing care services.