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EconomyHong Kong lifeline buys Cheng family time to save New World

On a Wednesday evening in late September, analysts following New World Development Co. grew anxious. The cash-strapped Hong Kong developer had not reported earnings on time, and executives missed a scheduled briefing.

New World DevelopmentHong Kongproperty developerCheng family

BBloomberg News★★☆☆☆2026-10-13 05:15Original

Hong Kong lifeline buys Cheng family time to save New World
Hong Kong lifeline buys Cheng family time to save New WorldEconomy