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NEW WORLD DEV Achieves Annual Contracted Sales Target of $26B
NEW WORLD DEV (00017.HK) announced that, as of 25 June, the Group completed its contracted sales target of $26 billion for the 2024/2025 fiscal year.In terms of Hong Kong operation...
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NEW WORLD DEV (00017.HK)  +0.560 (+9.825%)    Short selling $57.51M; Ratio 12.090%   announced that, as of 25 June, the Group completed its contracted sales target of $26 billion for the 2024/2025 fiscal year.

In terms of Hong Kong operations, the Group, in collaboration with Empire Group, CSI PROPERTIES (00497.HK)  -0.001 (-0.571%)   , LAI SUN DEV (00488.HK)  +0.020 (+3.922%)   and MTR CORPORATION (00066.HK)  +0.500 (+1.773%)    Short selling $41.82M; Ratio 25.622%   , developed the Deep Water Pavilia in Wong Chuk Hang.

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As of 25 June, over 330 units have been sold, with approx. 70% opting for a 120-day cash payment plan, and the highest transaction price per square foot reaching about $50,000.

Moreover, the Group's Pavilia Forest project in Kai Tak, developed in cooperation with FE CONSORT INTL (00035.HK)  0.000 (0.000%)   , has sold over 580 units as of 25 June, with the highest transaction price per square foot around $25,500.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-02 16:25.)

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