New World China | |||||||||||||
Company type | subsidiary (formerly listed) | ||||||||||||
SEHK: 917 (former) | |||||||||||||
Industry | Real estate | ||||||||||||
Predecessor | Division of New World Dev. | ||||||||||||
Founded | 28 August 1996 | ||||||||||||
Founder | New World Development | ||||||||||||
Headquarters |
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Area served | Mainland China | ||||||||||||
Key people | Henry Cheng (Chairman) | ||||||||||||
Brands | NWCL | ||||||||||||
Revenue | HK$ 17 billion (2014–15) | ||||||||||||
HK$ 3 billion (2014–15) | |||||||||||||
Total assets | HK$134 billion (2014–15) | ||||||||||||
Total equity | HK$ 61 billion (2014–15) | ||||||||||||
Owner | New World Dev. | ||||||||||||
Parent | New World Dev. | ||||||||||||
Subsidiaries |
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Chinese name | |||||||||||||
Traditional Chinese | 新世界中國地產有限公司 | ||||||||||||
Simplified Chinese | 新世界中国地产有限公司 | ||||||||||||
Jyutping | san1 sai3 gaai3 zung1 gwok3 dei6 caan2 jau5 haan6 gung1 si1 | ||||||||||||
Cantonese Yale | sān sai gaai jūng gwok deih cháan yáuh haahn gūng sī | ||||||||||||
Hanyu Pinyin | Xīnshìjiè zhōngguó dìchǎn yǒuxiàn gōngsī | ||||||||||||
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Website | www | ||||||||||||
Footnotes / references in consolidated financial statement; financial year ended on 30 June each year[1] |
New World China Land Limited is a wholly owned subsidiary of Hong Kong–based conglomerate New World Development, itself part of Chow Tai Fook group. New World China Land was spin off from New World Development in 1999 as a separate listed company.[2] However, it was privatized again by New World Development in 2016.[3] New World China Land is headquartered in 9/F, New World Tower 1, on 8 Queen's Road Central, Hong Kong Island.