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New World Development, founded in 1970 in Hong Kong, is a listed real estate company focused on property development and investment.
Founded in 1970 and based in Hong Kong, New World Development Company Limited is a real estate company offering property development, property investment and hotel operations, concentrated in the Guangdong-Hong Kong-Macao Greater Bay Area. It was listed on the Hong Kong Stock Exchange in 1972 under stock code 00017. In November 1995, Capital Group Private Markets acquired the company, and in 2017 it launched THE PAVILIA BAY.
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