Yahoo · Oct 9, 2026
New World Development (SEHK:17) Just Raised A Bigger Question
New World Development (SEHK:17) has moved to exit its 11 SKIES project with Airport Authority Hong Kong, agreeing to surrender the lease, transfer the assets by 2027, and book over HK$18b in related losses. Investors have treated the 11 SKIES exit as part of a wider reset at New World Development, with the share price down 13.81% over the past 30 days and the year to date share price return down 27.81%, while the 5 year total shareholder return has fallen 78.33%. This signals that pressure...

