About

Founded in 1970, New World Development Company was publicly listed in Hong Kong in 1972 and is a constituent stock of the Hong Kong Hang Seng Index. Its core business areas include property development, infrastructure and services, retail, and hotels and serviced apartments, with a total asset value of approximately HK$481.3bn as of December 2018. Highly trusted by business colleagues, the legal team provides solid advice on a wide range of legal and regulatory matters as well as contributes to the company’s new initiatives. For example, in February 2019, New World Development announced the creation of Hong Kong’s first property-purchase block chain platform, in collaboration with Hong Kong Applied Science and Technology Research Institute Company. Bank of China (Hong Kong) is the first bank to participate and apply the new platform to its services.