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New World Development Company Limited (0017.HK)

HKSE - HKSE Delayed price. Currency in HKD
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22.000-0.250 (-1.12%)
At close: 04:09PM HKT
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Previous close22.250
Bid22.000 x 0
Ask22.050 x 0
Day's range21.900 - 22.850
52-week range21.900 - 35.200
Avg. volume3,341,885
Market cap58.403B
Beta (5Y monthly)0.86
PE ratio (TTM)34.92
EPS (TTM)0.630
Earnings date30 Sept 2022
Forward dividend & yield2.06 (8.69%)
Ex-dividend date16 Mar 2022
1y target est35.59
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  • Reuters

    Hong Kong developer to research how to tackle chronic housing shortage

    HONG KONG (Reuters) -Hong Kong property developer New World Development said on Thursday it would launch a research project to tackle a chronic housing shortage and sky-high home prices in one of the world's most expensive property markets. As part of the initiative, New World said a committee would study long-standing housing issues, ranging from unaffordable prices, longed waiting times for public housing and a lack of elderly-friendly homes as the population ages. "Solving Hong Kong's deep-rooted housing issue is fundamental to the city's future growth," Adrian Cheng, chief executive of New World and chairman of the initiative, New World Build for Good, said in a statement.