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New World Development ( (HK:0017) ) has issued an announcement.
New World Development Company Limited has addressed market rumors regarding the refinancing of its existing loans, confirming ongoing discussions with creditors. The company advises stakeholders to rely solely on official announcements for accurate information and to exercise caution when dealing with its securities.
The most recent analyst rating on (HK:0017) stock is a Sell with a HK$9.00 price target. To see the full list of analyst forecasts on New World Development stock, see the HK:0017 Stock Forecast page.
More about New World Development
New World Development Company Limited is a Hong Kong-based company involved in various sectors, including property development, infrastructure, and services. The company focuses on creating sustainable and innovative urban spaces and has a significant presence in the Hong Kong market.
YTD Price Performance: -1.16%
Average Trading Volume: 11,999,639
Technical Sentiment Signal: Sell
Current Market Cap: HK$12.83B
For detailed information about 0017 stock, go to TipRanks’ Stock Analysis page.