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New World Development

New World Development
Company nameNew World Development Company Limited
Company typeListed company
Founder(s)Dr. Ho Sin Hang and Mr. Chow Chi Yuen
HeadquartersHong Kong
Area servedHong Kong
Key peopleChairman: Mr. Cheng Yu-tung

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New World Development Company Limited (NWD), based in Hong Kong, is active in property, infrastructure, services and telecommunications. It was established in 1970 with Dr Ho Sin Hang as Chairman and Chow Chi Yuen as Director and General Manager. Chow became chairman in 1982.

The company is listed on the Hong Kong Stock Exchange (Sehk - 0017,OTCBB - NDVLY) since 1972.

It is controlled by majority shareholder, Chow Tai Fook, a holding company owned by businessman, Cheng Yu-Tung.

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