Reports of a possible sale of the K11 Art Mall, which opened in 2009, came just before NWD issued a profit warning on Friday night. The company said in a Hong Kong Stock Exchange filing that it is ...

K11 Art Mall is owned by Hong Kong–based property firm New World Development, which was founded by Cheng Yu-tung in 1970. His son, the billionaire Henry Cheng, is its chairman.

HONG KONG SAR - Media OutReach Newswire - 25 June 2025 - Best Mart 360 Holdings Limited ("Best Mart 360" or the "Company", together with its subsidiaries, the "Group"; stock code: 2360.HK), a ...

New World Development sold a shopping mall in Hong Kong for HK$4.02 billion as part of its ongoing efforts to sell non-core assets and allay investors’ concerns about its debt load.