New World Shares Jump After 11 Skies Exit Fuels Deal Hopes
New World Development Co.’s shares rallied on Friday morning despite its HK$28.1 billion ($3.6 billion) loss this week, with focus shifting to the potential of a new investor emerging after...
By Trista Xinyi Luo · Bloomberg
New World Development Co.’s shares rallied on Friday morning despite its HK$28.1 billion ($3.6 billion) loss this week, with focus shifting to the potential of a new investor emerging after the company exited a multi-billion dollar project with Hong Kong’s Airport Authority.