New World Development Co Ltd
00017: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$8.10 | Nwk | Lpcmfmgyr |
New World Development’s Earnings Quality Improving As Investment Properties Progressively Completed
Business Strategy and Outlook
The younger generation of the Cheng family has taken the helm at New World Development, injecting fresh perspectives and ideas. Real estate remains core to the group, supplemented by NWS Holdings' key operations in roads, aviation, construction, and insurance.