Property News · June 23, 2025

Hong Kong’s New World downplays talk of debt deal as analysts see path forward


Hong Kong’s New World Development said talks with creditors about refinancing its HK$124 billion (US$15.8 billion) debt were “ongoing”, downplaying “market speculation and rumours” about an imminent deal while analysts said government support and bank leniency would help the company navigate the crunch.
The city’s most indebted developer said in a stock-exchange filing on Monday that it was aware of speculation about the refinancing of its existing loans, adding that it remained “actively…

Source : South China Morning Post
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