Market Chatter: New World Development Could Ease Debt Burden via Sale of 11 Skies Mall in Hong Kong, UBS Says

MT Newswires Live

Jul 18

New World Development (HKG:0017) could ease its debt burden via the reported sale of its flagship 11 Skies airport mall in Hong Kong, the South China Morning Post reported, citing a report from UBS.

According to the Swiss bank, the disposal could be a "positive catalyst" for the real estate developer.

Bloomberg News previously reported the company had held preliminary discussions with the Airport Authority of Hong Kong regarding the disposal.

The asset is being valued at between HK$15 billion and HK$17 billion, compared to New World's HK$20 billion investment in the project, according to Bloomberg.

Discussions on the 11 Skies deal are said to be in early stages and may be subject to change.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2552453256"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2552453256\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2552453256?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-18 10:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2552453256","market":"us","top_or_hot":-1,"title":"Market Chatter: New World Development Could Ease Debt Burden via Sale of 11 Skies Mall in Hong Kong, UBS Says","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/NDVLY\">New World</a> Development (HKG:0017) could ease its debt burden via the reported sale of its flagship 11 Skies airport mall in <a href=\"https://laohu8.com/S/HKRHF\">Hong Kong</a>, the South China Morning <a href=\"https://laohu8.com/S/POST\">Post</a> reported, citing a report from UBS.</p><p>According to the Swiss bank, the disposal could be a \"positive catalyst\" for the real estate developer.</p><p>Bloomberg News previously reported the company had held preliminary discussions with the Airport Authority of Hong Kong regarding the disposal.</p><p>The asset is being valued at between HK$15 billion and HK$17 billion, compared to <a href=\"https://laohu8.com/S/NWWDF\">New World</a>'s HK$20 billion investment in the project, according to Bloomberg.</p><p>Discussions on the 11 Skies deal are said to be in early stages and may be subject to change.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: New World Development Could Ease Debt Burden via Sale of 11 Skies Mall in Hong Kong, UBS Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: New World Development Could Ease Debt Burden via Sale of 11 Skies Mall in Hong Kong, UBS Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-07-18 10:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/NDVLY\">New World</a> Development (HKG:0017) could ease its debt burden via the reported sale of its flagship 11 Skies airport mall in <a href=\"https://laohu8.com/S/HKRHF\">Hong Kong</a>, the South China Morning <a href=\"https://laohu8.com/S/POST\">Post</a> reported, citing a report from UBS.</p><p>According to the Swiss bank, the disposal could be a \"positive catalyst\" for the real estate developer.</p><p>Bloomberg News previously reported the company had held preliminary discussions with the Airport Authority of Hong Kong regarding the disposal.</p><p>The asset is being valued at between HK$15 billion and HK$17 billion, compared to <a href=\"https://laohu8.com/S/NWWDF\">New World</a>'s HK$20 billion investment in the project, according to Bloomberg.</p><p>Discussions on the 11 Skies deal are said to be in early stages and may be subject to change.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0831093199.SGD","symbol_name":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2552453256","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552453256","pubTimestamp":1752804468,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"New World Development (HKG:0017) could ease its debt burden via the reported sale of its flagship 11 Skies airport mall in Hong Kong, the South China Morning Post reported, citing a report from UBS.Ac","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC","BK1216":"多样化房地产活动","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC","00017":"新世界发展","BK1559":"蓝筹地产股"},"translate_title":"市场热议：瑞银表示，新世界发展可以通过出售香港11 Skies Mall来减轻债务负担","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00017":0.9},"content_text":"New World Development (HKG:0017) could ease its debt burden via the reported sale of its flagship 11 Skies airport mall in Hong Kong, the South China Morning Post reported, citing a report from UBS.According to the Swiss bank, the disposal could be a \"positive catalyst\" for the real estate developer.Bloomberg News previously reported the company had held preliminary discussions with the Airport Authority of Hong Kong regarding the disposal.The asset is being valued at between HK$15 billion and HK$17 billion, compared to New World's HK$20 billion investment in the project, according to Bloomberg.Discussions on the 11 Skies deal are said to be in early stages and may be subject to change.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}