New World Development Company Limited | Company Profile - Revenue, Headcount, Tech Stack, Contacts

New World Development Company Limited (NWD) is a prominent Hong Kong-based conglomerate founded in 1970 and publicly listed since 1972. The company focuses on property development, investment, infrastructure, services, and retail operations, primarily in Greater China, particularly the Greater Bay Area. As of December 31, 2024, NWD's total assets are valued at approximately HK$427.6 billion.

The company’s core business areas include the development and management of residential, commercial, and mixed-use properties, with notable projects like the New World Centre and the Hong Kong Convention and Exhibition Centre. NWD also manages significant infrastructure projects through its subsidiary, New World Infrastructure Limited, operates a portfolio of hotels under New World Hotels (Holdings) Limited, and runs department stores in Mainland China through New World Department Store China Limited. The organization emphasizes sustainable development and social responsibility, promoting a balance of profit, environmental stewardship, and community engagement.