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New World Development Company Limited (モThe Groupヤ; Stock Code: 17.HK) is a leading conglomerate based in Hong Kong. For more than four decades, infrastructure and service, namely property, the Group has expanded from a single focus on the property business to four core areas, department store and hotel. It is a constituent stock of the Hang Seng Index with a total asset value of HK$354.7 billion as at 31 December 2013. The Group was founded in 1970 and publicly listed in Hong Kong in 1972. The Group boasts businesses in Hong Kong, Mainland China, Macau and other international cities.
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