New World’s refinancing — which would be one of the largest of its kind ever in Hong Kong — marks the end of months-long ...

Government rhetoric about bank leniency towards developers is ‘favourable’ for the debt-laden company, Morningstar analyst ...

Distressed Hong Kong builder New World Development Co. has secured written commitments from all banks for a HK$87.5 billion ($11.1 billion) loan refinancing, people familiar with the matter said, ...

A last-minute refinancing deal could delay default--but the clock's ticking, and investor nerves are fraying fast.

New World Development borrowed money for projects that people inside and outside the company have characterised as “aggressive”. They include a HK$20bn (US$2.6bn) retail and office space near Hong ...

New World Development's K11 Musea shopping mall, part of the company's flagship Victoria Dockside development in Hong Kong's Tsim Sha Tsui district. Shares of New World Development, controlled by ...

Distressed Hong Kong builder New World Development has secured written commitments from all banks for a HK$87.5 billion ...