New World Development Clarifies 11 Skies Talks With Airport Authority Ongoing

MT Newswires Live05-14

New World Development Company (HKG:0017) said discussions with Airport Authority Hong Kong over possible changes to contractual arrangements for its 11 Skies project are ongoing, and no agreement has been reached, according to a Thursday Hong Kong bourse filing.

Earlier, the South China Morning Post reported that the Airport Authority had taken over retail operations at the 11 Skies project ahead of the opening of Terminal 2 at Hong Kong International Airport.

The report said the authority had assumed control of about 2.66 million square feet of retail and dining space, representing roughly 70% of the project, while the status of the experiential entertainment and office portions remained unclear.

Separately, the developer said no agreement has been reached with any potential investor regarding a possible investment in the company.

New World also said it was not aware of any deadline for resetting the group's financing terms.

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2635765819?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-14 10:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2635765819","market":"fut","top_or_hot":-1,"title":"New World Development Clarifies 11 Skies Talks With Airport Authority Ongoing","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/NWC.AU\">New World</a> Development Company (HKG:0017) said discussions with Airport Authority Hong Kong over possible changes to contractual arrangements for its 11 Skies project are ongoing, and no agreement has been reached, according to a Thursday Hong Kong bourse filing.</p><p>Earlier, the South China Morning Post reported that the Airport Authority had taken over retail operations at the 11 Skies project ahead of the opening of Terminal 2 at Hong Kong International Airport.</p><p>The report said the authority had assumed control of about 2.66 million square feet of retail and dining space, representing roughly 70% of the project, while the status of the experiential entertainment and office portions remained unclear.</p><p>Separately, the developer said no agreement has been reached with any potential investor regarding a possible investment in the company.</p><p><a href=\"https://laohu8.com/S/NDVLY\">New World</a> also said it was not aware of any deadline for resetting the group's financing terms.</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>New World Development Clarifies 11 Skies Talks With Airport Authority Ongoing</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\">\nNew World Development Clarifies 11 Skies Talks With Airport Authority Ongoing\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\">2026-05-14 10:14</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/NWC.AU\">New World</a> Development Company (HKG:0017) said discussions with Airport Authority Hong Kong over possible changes to contractual arrangements for its 11 Skies project are ongoing, and no agreement has been reached, according to a Thursday Hong Kong bourse filing.</p><p>Earlier, the South China Morning Post reported that the Airport Authority had taken over retail operations at the 11 Skies project ahead of the opening of Terminal 2 at Hong Kong International Airport.</p><p>The report said the authority had assumed control of about 2.66 million square feet of retail and dining space, representing roughly 70% of the project, while the status of the experiential entertainment and office portions remained unclear.</p><p>Separately, the developer said no agreement has been reached with any potential investor regarding a possible investment in the company.</p><p><a href=\"https://laohu8.com/S/NDVLY\">New World</a> also said it was not aware of any deadline for resetting the group's financing terms.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00017","symbol_name":"新世界发展","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2635765819","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2635765819","pubTimestamp":1778724869,"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 Company  said discussions with Airport Authority Hong Kong over possible changes to contractual arrangements for its 11 Skies project are ongoing, and no agreement has been reached, according to a Thursday Hong Kong bourse filing.Earlier, the South China Morning Post reported that the Airport Authority had taken over retail operations at the 11 Skies project ahead of the opening of Terminal 2 at Hong Kong International Airport.The report said the authority had assumed control of about 2.66 million square feet of retail and dining space, representing roughly 70% of the project, while the status of the experiential entertainment and office portions remained unclear.Separately, the developer said no agreement has been reached with any potential investor regarding a possible investment in the company.New World also said it was not aware of any deadline for resetting the group's financing terms.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00017":"新世界发展","BK1559":"蓝筹地产股","BK1216":"多样化房地产活动","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC","LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC"},"translate_title":"新世界发展澄清与机管局正在进行的11项Skies谈判","themeId":"f6f7c9f6a0174df79daf9f1dfd21f836","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00017":0.9},"content_text":"New World Development Company (HKG:0017) said discussions with Airport Authority Hong Kong over possible changes to contractual arrangements for its 11 Skies project are ongoing, and no agreement has been reached, according to a Thursday Hong Kong bourse filing.Earlier, the South China Morning Post reported that the Airport Authority had taken over retail operations at the 11 Skies project ahead of the opening of Terminal 2 at Hong Kong International Airport.The report said the authority had assumed control of about 2.66 million square feet of retail and dining space, representing roughly 70% of the project, while the status of the experiential entertainment and office portions remained unclear.Separately, the developer said no agreement has been reached with any potential investor regarding a possible investment in the company.New World also said it was not aware of any deadline for resetting the group's financing terms.","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,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2635765819","isCrawlerRequest":true}