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New World Development ( (HK:0017) ) has issued an announcement.
New World Development Company Limited announced that all proposed resolutions at its annual general meeting held on November 20, 2025, were successfully passed by shareholders through a poll. The resolutions included the adoption of financial statements, re-election of directors, and the granting of mandates for share buybacks and issuance. The successful passing of these resolutions indicates strong shareholder support and is expected to positively impact the company’s governance and strategic initiatives.
The most recent analyst rating on (HK:0017) stock is a Hold with a HK$7.00 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 prominent player in the real estate and infrastructure industry, primarily focusing on property development, investment, and management. The company is known for its significant market presence in Hong Kong and Mainland China, offering a diverse range of services and products in the real estate sector.
Average Trading Volume: 14,871,400
Technical Sentiment Signal: Hold
Current Market Cap: HK$18.4B
For detailed information about 0017 stock, go to TipRanks’ Stock Analysis page.