Page 12 - World Development Co News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Li Ka-Shing Is Again Hong Kong’s Richest Person as Zoom Investment Pays Off picture Spare a thought for Hong Kong’s property tycoons, who saw their wealth shrink slightly in 2020 amid an economic recession caused in part by the pandemic that battered the city. Overall, though, the wealth of the city’s richest people grew 7.5% to $331 billion, according to the latest Forbes ranking of the region’s super-rich, even as the local economy contracted 6.1%, its worst showing since 1998. Li Ka-shing regained his crown as Hong Kong’s richest man, gaining $6 billion this year as the pandemic...

New World Searches for M&A Chief as It Eyes More Deals Bloomberg 2/23/2021 Vinicy Chan © Bloomberg Pedestrians walk past New World Development Co.'s Skycity mall as it stands under construction in Hong Kong, China, on Thursday, July 30, 2020. New World's Chief Executive Officer Adrian Cheng spearheaded the company's successful bid in May 2018 for the HK$20 billion shopping-and-entertainment complex at the airport. (Bloomberg) -- New World Development Co. is looking for a rainmaker to lead dealmaking for the Hong Kong real estate developer that has been diversifying into a...

Hong Kong-based property developer New World Development Co (NWD) opened a new area of issuance for Asian borrowers on Thursday when it sold the region's first dollar sustainability-linked bond.

Hong Kong Exodus to U.K. Could Be Boon for Developer Far East Shawna Kwan, Bloomberg News A demonstrator shows a British National (Overseas) passport as another waves a colonial-era Hong Kong flag during a lunchtime protest at the International Finance Center (IFC) shopping mall in Hong Kong, China, on Friday, May 29, 2020. Hong Kong leader Carrie Lam issued a letter to the city's people asking them to understand and support national security legislation that has sparked the biggest protests since last year and fresh concerns about future autonomy from China. Photo...