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NWD Reportedly Intends to Put K11 Property in Shanghai Up for Sale at RMB2.85B
NEW WORLD DEV (00017.HK) is putting its K11 property on Middle Huaihai Road in Shanghai up for sale, Chinese media reported. A public account disclosed details of the sale, indicat...
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NWD Reportedly Intends to Put K11 Property in Shanghai Up for Sale at RMB2.85B
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NEW WORLD DEV (00017.HK)  -0.100 (-1.802%)    Short selling $2.13M; Ratio 9.063%   is putting its K11 property on Middle Huaihai Road in Shanghai up for sale, Chinese media reported.

A public account disclosed details of the sale, indicating that the property has a construction area of approximately 81,000 square meters, with the entire building offered at RMB2.85 billion.

Related NewsUBS Rates NWD at Sell; Shanghai Property May Be Sold Below Book Value
The sale involves the office portion, spanning floors 11 to 58.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)

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