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AAHK Maintains Communication with NEW WORLD DEV Regarding 11 SKIES, Confident in 'Airport City' Development
2025-07-17 09:33:59 There are rumors that NEW WORLD DEV (00017.HK) is seeking to sell 11 SKIES located near Hong Kong International Airport at a loss. The property is valued at $15-17 billion, while the investment amount was $20 billion. The Airport Authority Hong Kong (AAHK) said that it is confident in the development of 'Airport City', and has maintained close communication with NEW WORLD DEV regarding the 11 SKIES project, aiming to open the 11 SKIES facilities in phases starting mid-2026. NEW WORLD DEV showed little change this morning (17th), and slightly opened 0.18% higher before weakening. It last at $5.41, down 0.18%, with a trading volume of 135,500 shares, involving $734,900. ~ AASTOCKS Financial News Website: www.aastocks.com | |