TheScreener - New World Development Co. Ltd. (0017) With a more favourable environment, NEW WORLD DEV.CO.LTD. improves to Slightly Positive

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With a more favourable environment, NEW WORLD DEV.CO.LTD. improves to Slightly Positive

NEW WORLD DEV.CO.LTD. (HK), a company active in the Real Estate Holding & Development industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date June 19, 2020, the closing price was HKD 9.22 and its potential was estimated at HKD 10.28.

20/06/2020 6 EN

Underlying

New World Development Co. Ltd.

New World Development is an investment holding and property development and investment company. Along with its subsidiaries, Co. is principally engaged in property development and investment, contracting, provision of services (including property and facility management, transport and other services), infrastructure operations (including the operation of roads, power plants, water treatment, waste management plants, container handling, logistics and warehousing services), hotel operations, department store operations, telecommunications, media and technology and other strategic businesses.

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HK0017000149 Hong Kong

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TheScreener

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With a more favourable environment, NEW WORLD DEV.CO.LTD. improves to Slightly Positive

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