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New World Development
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{{Short description|Hong Kong-based company}} {{Use dmy dates|date=January 2016}} {{Infobox company | name = New World Development Company Limited <br /> {{nobold|新世界發展有限公司}} | logo = New_World_Development_Logo.svg | image = New World Tower.jpg | image_caption = Headquarters at New World Tower | type = Public Company | traded_as = {{ubl|{{SEHK|17}}|[[Hang Seng Index]] component}} | industry = conglomerate | founder = [[Cheng Yu-tung]] | key_people = [[Henry Cheng]] (Chairman) <br /> [[Ma Siu Cheung]](Chief Executive Officer) | products = [[Real property]], Hotel, Infrastructure and Services, General merchandise | revenue = HK $59,6 billion (as of financial year 2016) | owner = [[Chow Tai Fook Enterprises Limited]] <!-- or [[Chow Tai Fook Enterprises]] --> | num_employees = About 50,000 people (as of financial year 2014) | location = {{ill|New World Tower (Hong Kong)|lt=New World Tower|zh|新世界大廈}}<br>[[Central, Hong Kong]] | subsid = {{ubl|[[NWS Holdings]]|[[New World Department Store China]]|[[New World China Land]]}} | homepage = {{URL|www.nwd.com.hk}} }} {{Infobox Chinese | order = ts | t = 新世界發展有限公司 | s = 新世界发展有限公司 | j = san1 sai3 gaai3 faat3 zin2 jau5 haan6 gung1 si1 | p = Xīn Shìjiè Fāzhǎn Yǒuxiàngōngsī }} '''New World Development Company Limited''' (NWD) is a Hong Kong–based company focused on [[property developer in Hong Kong|property]], hotels, infrastructure and services and [[department store]]s. It was established on 29 May 1970 by [[Cheng Yu-tung]]. The company is publicly listed on the [[Stock Exchange of Hong Kong]] Limited (SEHK: 17) since 23 November 1972 and was formerly a constituent stock of Hong Kong [[Hang Seng Index]].<ref name=":0">{{Cite web|title = Corporate {{!}} New World Development Company Limited Official Website|url = http://www.nwd.com.hk/corporate|website = www.nwd.com.hk|access-date = 8 October 2015}}</ref><ref name=":4" /> Over the last four decades, the group has also actively participated in various businesses in [[Mainland China]] and established itself as one of the largest foreign direct investors in the country. The group's existing investments in Mainland China has exceeded US$16.5 billion, spreading across four municipalities and over 19 provinces.<ref name=":0" />
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