NEW WORLD DEV (00017.HK) -0.150 (-3.000%) Short selling $1.19M; Ratio 5.936% has reached an agreement with Louis Vuitton, under which Louis Vuitton will open a store in K11 Musea by the end of next year, Bloomberg reported, citing sources familiar with the matter. This store will become one of Louis Vuitton's largest outlets in Asia.It is understood that NEW WORLD DEV will charge rent based on the store's turnover. It is expected that the store will cover around 40,000 square feet, with most of the space dedicated to museums, cafes, and VIP-exclusive lounges.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-19 12:25.)Related NewsBofAS Ratings, TPs on HK Developers (Table)