NEW WORLD DEV (00017.HK) -0.020 (-0.359%) Short selling $15.78M; Ratio 15.888% 's D-PARK, a shopping mall in Tsuen Wan, was approached for acquisition by a Singapore fund for approximately $3.8 billion, representing the largest shopping mall transaction in recent years, Hong Kong Economic Times cited sources. NWD disclosed yesterday (29th) that it would increase its target for selling non-core assets to $8 billion. After the company announced its results yesterday, its share price was suppressed this morning (1st), last at $9.41, down 4.7%, on volume of 32.8866 million shares and turnover of $319 million. Related NewsUBS: HK Retail Sector to Benefit Directly from Trial Run of Southbound Travel for Guangdong VehiclesD-PARK, with a total area of over 466,000 sq.ft. and a parking lot, is co-developed by NWD and HKR INT'L (00480.HK) -0.020 (-2.174%) . In 2010, NWD bought half of HKR INT'L's interest of the mall with about $1.38 billion, and then spent $700 million in 2012 to renovate the building into a family-friendly shopping mall.In July 2022, rumor went viral on market that NWD was secretly selling its non-core properties, including D-PARK in Tsuen Wan, at an intended price of $6 billion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-08 16:25.)