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NEW WORLD DEV Said to Negotiate Sale of Central Commercial Site for HKD1B
NEW WORLD DEV (00017.HK) is negotiating the sale of a commercial site in Central, with a proposed price of HKD1 billion, Hong Kong Economic Times reported, citing people familiar w...
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NEW WORLD DEV Said to Negotiate Sale of Central Commercial Site for HKD1B
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NEW WORLD DEV (00017.HK)  +0.110 (+1.356%)    Short selling $16.49M; Ratio 21.849%   is negotiating the sale of a commercial site in Central, with a proposed price of HKD1 billion, Hong Kong Economic Times reported, citing people familiar with the matter.

The property is located at 9-19 Lyndhurst Terrace with a site area of approximately 4,450 square feet. It can be redeveloped into about 66,000 square feet of commercial GFA.

NEW WORLD DEV opened flat this morning (27th) and once hit a trough of HKD8.3. It last stood at HKD8.31, down 2.24%, with a turnover of 2.074 million shares, involving HKD17.3466 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-29 16:25.)

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