New World Development Company Limited, an investment holding company, invests in, develops, constructs, operates, manages, rents, and leases properties. The company operates through Property Development, Property Investment, Service, Infrastructure, Hotel Operations, Department Stores, and Others segments. Its property portfolio comprises residential projects, shopping malls, offices, hotels, and service apartments, as well as mixed-use commercial landmarks. The company also provides facility management, transport, and other services, as well as commercial aircraft leasing, container handling, storage, and bus and ferry services; and operates infrastructure projects, such as roads, environment, ports, logistics, and aviation. In addition, it is involved in duty free operation and general trading, civil engineering and building construction, cultural and creation, retail and corporate sales, loyalty program, marketing, promotion, fashion retailing and trading, and piling and ground investigation businesses. Further, the company manages Hong Kong Convention and Exhibition Centre; operates hotels, golf clubs, shopping malls, and toll roads; operates and manages department stores; and provides information technology, healthcare, training courses, financial, property agency management and consultancy, project management and consultancy, estate agency, management, carpark management, advertising and media related, business and investment consultancy, and wireless telecommunication network services; undertakes façade and foundation works; and sells LED lighting products and systems. As of June 30, 2018, it operated and managed a total of 35 stores and 2 shopping malls spreading in Mainland China; and had a total of 15 hotels providing approximately 6,000 guest rooms in Hong Kong, Mainland China, and Southeast Asia. New World Development Company Limited was founded in 1970 and is headquartered in Central, Hong Kong.
