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An announcement from New World Development ( (HK:0017) ) is now available.
New World Development has issued a voluntary announcement to clarify that it is not currently undertaking any liability management exercise concerning its perpetual or other debt securities, nor has it received any equity financing proposals. The company advises stakeholders to disregard market rumors and rely only on official announcements for accurate information, emphasizing caution when dealing with its securities.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$8.50 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 diversified conglomerate based in Hong Kong, primarily engaged in property development, infrastructure, and services. The company focuses on creating sustainable and innovative urban spaces and has a significant presence in the Greater Bay Area.
Average Trading Volume: 20,845,030
Technical Sentiment Signal: Hold
Current Market Cap: HK$18.77B
Find detailed analytics on 0017 stock on TipRanks’ Stock Analysis page.