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Express News | NEW WORLD DEV sold Artisan Lab located in Kowloon, Hong Kong for HKD 0.62 billion.
bocom intl: Maintain new world dev "buy" rating, target price 11.44 HKD.
Bocom Intl released a research report stating that it maintains a 'buy' rating on Shanghai New World Dev (00017), expecting the stock to be revalued within the next 12 months with an unchanged target price of 11.44 Hong Kong dollars. Huang Shaomei has been appointed as the new Chief Executive Officer, having previously served as the CEO of New World China. The new management will establish separate operation committees for Hong Kong and mainland China businesses, aiming to enhance the overall operational efficiency of the company. The report mentioned that on November 29, New World Dev announced the completion of the sale of all shares of NEW WORLD SPORTS DEVELOPMENT LIMITED.
New world dev announced that trading will resume on the morning of December 2.
New World Development (00017) announced that the company's shares will resume trading at 9:00 am on December 2, 2024.
New World Development: Echo Huang Shaomei Appointed as CEO >0017.HK
New World Development: Ma Siu-Cheung Resigned as Chief Executive, Executive Director >0017.HK
Express News | New world dev is temporarily suspended during the afternoon session pending the announcement of insider information.