• Mon
  • Sep 22, 2014
  • Updated: 6:45am

Henry Cheng

New World China Land sees mainland China profit double

New World China Land (NWCL), the mainland property unit of New World Development, said an estimated 6.27 billion yuan (HK$7.94 billion) worth of property sales will be booked in the second-half result for the financial year ending in June.

Wednesday, 26 February, 2014, 12:25am 1 comment

New World Development achieves sales target of HK$10 billion

New World Development has achieved its sales target for the financial year to June in just four months, generating more than HK$10 billion despite a downturn in the property market.

20 Nov 2013 - 2:51am

Only a crash will rid market of greedy speculators

Public Eye totally opposes the government's latest market-cooling measures. Blind greed has already possessed the entire property market. What we need to do is to exorcise this greed. Cooling measures won't do that. Home prices will soon rebound, as they did within months of past measures. Greed always finds a way.

27 Feb 2013 - 4:29am 6 comments

New World Development's Henry Cheng willing to donate land for flats

A day after Henderson Land Development chairman Lee Shau-kee confirmed he was in talks with the government about donating land for cheap homes, New World Development chairman Henry Cheng Kar-shun said his company was willing to consider doing the same.

24 Feb 2013 - 5:02am


Not the right person for commission

The appointment of Henry Cheng Kar-shun of New World Development to the Commission on Poverty is inappropriate.

10 Jul 2012 - 12:00am

New World eyes speedy growth with 5-year plan

New World Development is drafting a five-year strategy aimed at ensuring doubt-digit annual earnings growth - although the conglomerate says the plan does not signal a major change in its course.

'Property will still be a major focus,' said Gary Chen Guanzhan, an executive director and general manager with the group.

20 Apr 2012 - 12:00am

Cheng Yu-tung makes way for son to lead company

New World Development is in the midst of its biggest leadership change, with chairman Cheng Yu-tung yesterday announcing his decision to step down from his position to make way for a new generation of leadership.

1 Mar 2012 - 12:00am

Rafael Hui joins 15 Hongkongers on Standing Committee

Former chief secretary Rafael Hui Si-yan and four other Hong Kong delegates were elected to the Standing Committee of Beijing's top advisory body yesterday.

14 Mar 2008 - 12:00am

Rising inflation tops agenda for delegates

Government restructuring plan a hot issue

Rising inflation and a massive governmental restructuring plan are among the hot issues expected to be discussed by the more than 2,000 delegates of the mainland's political consultative body during its conference, which runs from today until March 14.

3 Mar 2008 - 12:00am

Rita Fan, four others headed for national posts

Five prominent business and political figures are tipped to be elected to the nation's top legislative and advisory bodies after protracted negotiations among various interest groups.

1 Mar 2008 - 12:00am