New World Department Store China Limited

New World Department Store China Limited
新世界百貨中國有限公司
Listed company
Industry Department stores
Founded 1993
Headquarters Hong Kong Island, Hong Kong
Area served
 People's Republic of China
Key people
 Chairman: Mr. Henry Cheng
Parent New World Development
Website New World Department Store China Limited

New World Department Store China Limited (SEHK: 825) is a Hong Kong-based company engaged in department store operation in China. It is a subsidiary of New World Development. It has self-owned stores and managed stores in Hong Kong and Mainland China, and operates under two brands: "New World" (Chinese: 新世界) and "Ba Li Chun Tian" (literally "Paris Spring")(Chinese: 巴黎春天). Its company chairman is Henry Cheng, the son of the Hong Kong billionaire, Cheng Yu-tung.[1] It was listed on the Hong Kong Stock Exchange with IPO price of HK$5.8 per share.[2]

See also

References

  1. ↑ New World Department Store China Limited
  2. ↑ New World taps into retain boom with IPO


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