New World First Ferryi

New World Development Co (HK stock code 0017) is a Hong Kong conglomerate with operations in property, infrastructure, transport, retailing telecommunications and bus and ferry (New World First Ferry) operations.It is controlled by Chow Tai Fook, a holding company owned by businessman Cheng Yu-tung.

  • Secretary for Transport and Housing Frank Chan says tightened social-distancing measures have affected livelihoods in industry
  • Many transport companies have cut down services in light of new restrictions

As many as 128 SPACs have raised a combined US$38 billion in New York as of February, making it one of the latest fads in world finance since the explosive growth of cryptocurrencies.