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AAHK Maintains Communication with NEW WORLD DEV Regarding 11 SKIES, Confident in 'Airport City' Development
There are rumors that NEW WORLD DEV (00017.HK) is seeking to sell 11 SKIES located near Hong Kong International Airport at a loss. The property is valued at $15-17 billion, while t...
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AAHK Maintains Communication with NEW WORLD DEV Regarding 11 SKIES, Confident in 'Airport City' Development
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There are rumors that NEW WORLD DEV (00017.HK)  +0.050 (+0.907%)    Short selling $5.90M; Ratio 12.472%   is seeking to sell 11 SKIES located near Hong Kong International Airport at a loss. The property is valued at $15-17 billion, while the investment amount was $20 billion.

The Airport Authority Hong Kong (AAHK) said that it is confident in the development of 'Airport City', and has maintained close communication with NEW WORLD DEV regarding the 11 SKIES project, aiming to open the 11 SKIES facilities in phases starting mid-2026.

Related NewsUBS: Successful Sale of 11 SKIES Will Serve as Positive Catalyst for NWD
NEW WORLD DEV showed little change this morning (17th), and slightly opened 0.18% higher before weakening. It last at $5.41, down 0.18%, with a trading volume of 135,500 shares, involving $734,900.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-18 16:25.)

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