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New World Development Announces Key Executive and Committee Changes

Story Highlights

The latest update is out from New World Development ( (HK:0017) ).

New World Development has announced significant changes in its executive team and committee structures, effective May 1, 2025. These changes include the appointment of Ms. Cheng Chi-Man, Sonia to the Nomination Committee, with Mr. Lee Luen-Wai, John taking over as chairman. Additionally, Mr. Wong Man-Hoi will retire as company secretary, succeeded by Mr. Lau Fu-Keung and Ms. Hui Ka-Wai as joint company secretaries. These strategic shifts are expected to enhance the company’s governance and operational efficiency, potentially impacting its market positioning and stakeholder relations.

More about New World Development

New World Development Company Limited is a conglomerate based in Hong Kong, primarily engaged in property development, infrastructure, and services. The company focuses on creating sustainable and innovative urban spaces, with a significant presence in the Greater Bay Area.

YTD Price Performance: -6.41%

Average Trading Volume: 852

Technical Sentiment Signal: Buy

Current Market Cap: $1.49B

See more data about 0017 stock on TipRanks’ Stock Analysis page.

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