New World Development Co Ltd
00017: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%W | LOCK|$Lt | LOCK|&D |
New World Development: Robust Property Sales, More Debt Reduction; Valuation Raised by 5%
New World Development achieved over HKD 33 billion in property sales in 2025, the highest in the past five years, according to media reports. The firm also cut its perpetual bonds and notes by HKD 9.1 billion combined through debt swaps, with perpetual bonds representing most of the reduction.
