9.56
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New World Development Company Limited, together with its subsidiaries, invests in, constructs, develops, operates, manages, rents, and leases properties. The company's property portfolio comprises residential projects, shopping malls, offices, hotels, and service apartments, as well as mixed-use commercial landmarks. It also provides facility management, transport, and other services, as well as commercial aircraft leasing, container handling, storage, and bus and ferry services; and operates infrastructure projects, such as roads, environment, ports, logistics, and aviation. In addition, the company is involved in duty free operation and general trading, civil engineering and building construction, cultural and creation, retail and corporate sales, loyalty program, marketing, promotion, fashion retailing and trading, and piling and ground investigation businesses. Further, it manages Hong Kong Convention and Exhibition Centre; operates hotels, golf clubs, shopping malls, arts derivatives, toll roads; operates and manages department stores; operates and manages department stores; and provides information technology, training courses, financial, property agency management and consultancy, nominee, project management and consultancy, estate agency, management, carpark management, advertising and media related, business and investment consultancy, and catering services, as well as foundation works. As of June 30, 2017, the company operated and managed a total of 37 stores and 2 shopping malls spreading in 21 cities in Mainland China; and had a total of 17 hotels providing approximately 7,700 guest rooms in Hong Kong, Mainland China, and Southeast Asia. New World Development Company Limited was founded in 1970 and is headquartered in Central, Hong Kong.
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