Property News · February 2, 2023

Hong Kong’s New World Development denies sale of K11 Atelier stake, citing ‘robust cash reserves’


The developer, owned by the family of billionaire Henry Cheng Kar-shun, issued a statement to say it has US$13.4 billion in capital and ‘no plans to sell any stake in K11 Atelier King’s Road’.

Source : South China Morning Post
Read more…Hong Kong’s New World Development denies sale of K11 Atelier stake, citing ‘robust cash reserves’