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New World China Land News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Greater Bay Area property market to see brighter days ahead as synergies build in the 11-city bloc

Property markets in China’s Greater Bay Area will see an uptick in 2024, as businesses and communities find synergies within the 11-city economic powerhouse, which has a GDP of US$2 trillion and a population of 86 million.

Fosun International Rated as 2023 Forbes China ESG Innovative Enterprise

Hong Kong s third richest family set to complete NWS takeover deal after New World Development shareholders approve

Buyout by family led by billionaire Henry Cheng will see New World Development receive HK$21.75 billion (US$2.8 billion) to ease its debt burden and pay a special dividend of about HK$4 billion.

New World China unit reports $1 37bn in home sales

New World Development, the conglomerate owned by one of Hong Kong’s wealthiest families, sold more than RMB 10 billion ($1.37 billion) worth of residential projects in mainland China in the first eight months of the year, the company said in a statement on Monday, reports the South China Morning Post. The total sales reported in…

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