GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World Development Co Ltd (HKSE:00017) » Definitions » Cash Received from Insurance Activities

New World Development Co (HKSE:00017) Cash Received from Insurance Activities


View and export this data going back to 1972. Start your Free Trial

What is New World Development Co Cash Received from Insurance Activities?

Cash Received from Insurance Activities only applicable to companies reporting Cash Flow from Operations in direct method.


New World Development Co (HKSE:00017) Business Description

Industry
Traded in Other Exchanges
Address
16-18 Queen's Road, Central, 30th Floor, New World Tower, Hong Kong, HKG
New World Development, or NWD, is the listed property arm of Chow Tai Fook, owned by the Cheng family. Chow Tai Fook owns a 45% stake in NWD, which mainly engages in residential property development and investment properties of retail malls and offices in Hong Kong and mainland China. NWD also develops high-end hotels across Hong Kong, mainland China and in Southeast Asia. Additionally, NWD holds a 75% interest in New World Department Store China, which operates 24 department stores in mainland China.