{"id":320661,"date":"2026-02-27T20:48:12","date_gmt":"2026-02-27T20:48:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/320661\/"},"modified":"2026-02-27T20:48:12","modified_gmt":"2026-02-27T20:48:12","slug":"new-world-development-revenue-sinks-50-as-debt-reduction-drive-slows","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/320661\/","title":{"rendered":"New World Development revenue sinks 50% as debt reduction drive slows"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/markets\/property\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Property<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Hong Kong property company reduces year-on-year loss by 44% to HK$3.7bn<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/5\/1.jpeg\" alt=\"20260228 Hong Kong Development\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">New World Development&#8217;s K11 Musea in Hong Kong &#8212;\u00a0a shopping mall combining retail, art, culture and entertainment space.\u00a0 \u00a9 Getty Images<\/p>\n<p>LORRETTA CHEN<\/p>\n<p>February 27, 2026 20:23 JST<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">HONG KONG &#8212; Beleaguered Hong Kong real estate company New World Development reported a 50% year-on-year fall in revenue in its latest half, as it grapples with debt challenges and China&#8217;s real estate slump.<\/p>\n","protected":false},"excerpt":{"rendered":"Property Hong Kong property company reduces year-on-year loss by 44% to HK$3.7bn New World Development&#8217;s K11 Musea in&hellip;\n","protected":false},"author":2,"featured_media":320662,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[9340,72,1322,8853,30965,113,61,60,8440,145876,15229,145036,75203,386],"class_list":{"0":"post-320661","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-9340","9":"tag-business","10":"tag-debt","11":"tag-development","12":"tag-drive","13":"tag-economy","14":"tag-ie","15":"tag-ireland","16":"tag-new","17":"tag-reduction","18":"tag-revenue","19":"tag-sinks","20":"tag-slows","21":"tag-world"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/320661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=320661"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/320661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/320662"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=320661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=320661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=320661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}