New World Development stock price rises 11% on first trading day since refinancing support secured
New World’s negotiations with banks come after years of ambitious debt-fuelled expansion
Developer reports $2.5bn loss amid property slump
Despite last week’s interest rate cut, new home sales have only fallen further
New World Development chief confronts prolonged real estate slump and succession speculation
New World Development shares closed down 13%
Five of the territory’s biggest real estate companies have lost $20bn in market value this year
Beijing’s increased control of former British colony has chipped away at power of territory’s tycoons
Adrian Cheng says his New World Development group will spend $1.5bn to buy land in the next year
Widening focus of protests highlights stasis of sector out of step with the times
Investing in city’s developers could be key for ordinary Hong Kongers seeking a home
I Squared beats rival US private equity suitors in rush for fibre-optic network
Founder of New World Development and Chow Tai Fook jewellery chain
Latest bid for New World China Land receives approval from about 97% of shareholders
Oil slide and N Korea test heighten anxiety
Deal aims to skirt arcane voting rule that scuppered last attempt 18 months ago