New World Development Co., Ltd (NWD) was a leading conglomerate based in Hong Kong. After more than 20 years, the group has expanded its core business to include property, infrastructure, services and telecommunications. Since the end of 1997 to June of 2001, the share price performance of the company was terrible. His efforts at the disposal of assets in order to reduce transmission, making additional investments in new businesses, confuse investors. Security analysts also accused the company does not keep its promise to focus on their core business assets. "Hide
Su Han Chan, Ko Wang, Maria Ho Source: University of Hong Kong, 16 pages. Publication Date: November 9, 2001. Prod. #: HKU166-PDF-ENG
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