Founded in 1970, New World Development Company Limited ( "the Group", Hong Kong stock code: 00017) was publicly listed in Hong Kong in 1972 and is a constituent stock of the Hong Kong Hang Seng Index. A premium brand infused with a unique personality, New World Group's core business areas include property development, infrastructure and services, retail, and hotels and serviced apartments, with a total asset value of HK$392.1 billion as at 30 June 2016. The Group's two listed companies are NWS Holdings Limited and New World Department Store China Limited. New World China Land Limited is wholly owned by the Group.

The Group also actively participates in various businesses in Mainland China and has established itself as one of the largest foreign direct investors in the country. The Group's existing investments in Mainland China has exceeded US$17 billion as at 30 June 2015, spreading across four municipalities and over 20 provinces.

The Group has a strong commitment to sustainable development and adopts a 3Ps approach to its daily business operations that involves maintaining a balance between making profit (Profit) and fulfilling the company's responsibilities towards the environment (Planet) and the community (People).

New World's brand personality is best defined by The Artisanal Movement, a journey of expanding one's imagination through our persistence in delivering bespoke craftsmanship, which is the core of the artisan spirit. This spirit drives our desire to secure deep understanding of customers' needs and our enthusiasm to fulfil their dreams. Whether it is a sculpture or a handshake, we are devoted to creating exceptional customer experience and gathering collectibles from around the globe to escalate modern living standards.

Show more

Employee Rating

3.8
TypePublic
HQHong Kong, HK
Founded1970
Size (employees)45,000 (est)+3%
Websitenwd.com.hk
New World Development was founded in 1970 and is headquartered in Hong Kong, HK
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

New World Development Office Locations

New World Development has an office in Hong Kong
Hong Kong, (HQ)
New World Tower 16-18 Queen's Road Central
Show all (1)
Report incorrect company information

New World Development Online and Social Media Presence

Embed Graph
Report incorrect company information

New World Development Company Life and Culture

Report incorrect company information

New World Development Frequently Asked Questions

  • When was New World Development founded?

    New World Development was founded in 1970.

  • How many employees does New World Development have?

    New World Development has 45,000 employees.

  • Who are New World Development competitors?

    Competitors of New World Development include China Resources, HD Supply Holdings and Arkil.

  • Where is New World Development headquarters?

    New World Development headquarters is located at New World Tower 16-18 Queen's Road Central, Hong Kong.

  • Where are New World Development offices?

    New World Development has an office in Hong Kong.

  • How many offices does New World Development have?

    New World Development has 1 office.