{"id":170652,"date":"2026-02-27T16:34:57","date_gmt":"2026-02-27T09:34:57","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-reports-first-half-loss-as-deleveraging-takes-priority-dividend-suspended\/"},"modified":"2026-02-27T18:26:37","modified_gmt":"2026-02-27T11:26:37","slug":"new-world-reports-first-half-loss-as-deleveraging-takes-priority-dividend-suspended","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-reports-first-half-loss-as-deleveraging-takes-priority-dividend-suspended\/","title":{"rendered":"New World reports first-half loss as deleveraging takes priority, dividend suspended"},"content":{"rendered":"


\nNew World Development posted a net loss of HK$3.73 billion (US$477 million) for the first half of fiscal 2026, as asset write-downs continued to weigh on earnings despite improving Hong Kong home sales and ongoing deleveraging efforts.
\nThe loss narrowed 44 per cent year on year for the six months ended December 31, as impairments on investment properties eased and financing and tax expenses related to mainland projects declined, according to a Hong Kong stock exchange filing on Friday. No…
\n
\nSource : South China Morning Post
\nRead more…New World reports first-half loss as deleveraging takes priority, dividend suspended<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New World Development posted a net loss of HK$3.73 billion (US$477 million) for the first...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-170652","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Ios","jetpack-related-posts":[{"id":68184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/did-hong-kong-fumble-the-ball-on-chinas-golden-era-yes-says-credit-suisse\/","url_meta":{"origin":170652,"position":0},"title":"Did Hong Kong fumble the ball on China\u2019s \u2018golden era\u2019? Yes, says Credit Suisse","date":"October 4, 2017","format":false,"excerpt":"\r Hong Kong has missed the boat on a more than decade-long opportunity to benefit from China\u2019s development, as the mainland\u2019s growth super-cycle is now set to cool amid credit deleveraging and as consumption replaces investment as the centrepiece of the economy, according to Credit Suisse. Tao Dong, senior adviser\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-shares-hit-record-as-firms-reach-deleveraging-milestone\/","url_meta":{"origin":170652,"position":1},"title":"Evergrande shares hit record as firms reach deleveraging milestone","date":"June 6, 2017","format":false,"excerpt":"\r Traders cheer as developer says it will retire all of its problematic perpetual bonds\r \r Source : ft.com\r Read more...Evergrande shares hit record as firms reach deleveraging milestone","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113665,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-real-estate-market-is-still-going-through-deleveraging-jp-morgan\/","url_meta":{"origin":170652,"position":2},"title":"China's real estate market is still going through deleveraging: JP Morgan","date":"January 16, 2020","format":false,"excerpt":"\r Default risks and moral hazard are considered a \"policy-driven experiment\" in the Chinese real estate sector, says Howard Wang from JP Morgan Asset Management.\r \r Source : cnbc.com\r Read more...China's real estate market is still going through deleveraging: JP Morgan","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-face-potential-price-war-in-second-half-amid-glut-as-state-issues-red-lines-in-deleveraging-campaign\/","url_meta":{"origin":170652,"position":3},"title":"Chinese developers face potential price war in second half amid glut as state issues \u2018red lines\u2019 in deleveraging campaign","date":"September 2, 2020","format":false,"excerpt":"\r China\u2019s biggest developers are likely to step up price discounting this year to clear a growing pile of unsold homes, with authorities sounding another alarm in their deleveraging campaign to pre-empt any financial shock to the economy.Completed but unsold homes amounted to 480 million square metres (5.16 billion square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-state-backed-private-equity-starts-a-fund-to-buy-out-distressed-debt-take-advantage-of-nations-deleveraging-campaign\/","url_meta":{"origin":170652,"position":4},"title":"China\u2019s state-backed private equity starts a fund to buy out distressed debt, take advantage of nation\u2019s deleveraging campaign","date":"May 9, 2019","format":false,"excerpt":"\r Citic Capital, one of the largest private equity firms backed by the Chinese state, is raising US$500 million for its first buyout fund for distressed assets in China, placing a bet on the opportunities available in the country\u2019s campaign to shed debt.\u201cThere are lots of good real estate projects\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/appetite-for-residential-plots-in-mainland-china-drops-to-4-year-low-in-wake-of-price-curbs-deleveraging-group-says\/","url_meta":{"origin":170652,"position":5},"title":"Appetite for residential plots in mainland China drops to 4-year low in wake of price curbs, deleveraging, group says","date":"August 9, 2018","format":false,"excerpt":"\r Chinese developers\u2019 appetite for new land has fallen to the lowest level since 2014, following government curbs on runaway home prices and lending, a new report said. China Securities Co. looked at land sale data of 300 Chinese cities in recent years. It found that in the first seven\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170652"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=170652"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170652\/revisions"}],"predecessor-version":[{"id":170653,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170652\/revisions\/170653"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=170652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=170652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=170652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}