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<Research>UBS Rates NWD at Sell; Shanghai Property May Be Sold Below Book Value
NEW WORLD DEV (00017.HK) is considering selling its Shanghai K11 office building for RMB2.85 billion, suggesting the final asking price may be below the actual book value, UBS opin...
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<Research>UBS Rates NWD at Sell; Shanghai Property May Be Sold Below Book Value
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NEW WORLD DEV (00017.HK)  -0.100 (-1.802%)    Short selling $2.13M; Ratio 9.063%   is considering selling its Shanghai K11 office building for RMB2.85 billion, suggesting the final asking price may be below the actual book value, UBS opined in its research report.

UBS adopted a sum-of-the-parts valuation method for NEW WORLD DEV. Based on discounted cash flow and income capitalization, the broker set its target price at HKD4 with a Sell rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)

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