NWD: Two Residential Developments in Northern Metropolis Set to Begin This Year, Anticipating Approximately 3,000 Units to Launch in FY27
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 30 2025
0mins
Source: aastocks
Stock Performance: NEW WORLD DEV (00017.HK) experienced a slight decline of 0.139% with short selling amounting to $1.80M and a ratio of 4.570%.
Business Updates: The company announced the commencement of two large-scale residential projects in the Northern Metropolis, set to provide approximately 3,000 residential units.
Future Plans: These residential projects are planned for launch in FY2027, aiming to inject growth momentum into the company's future business development.
Market Information: The stock quote for HK stocks is delayed by at least 15 minutes, with short selling data reported as of December 29, 2025.
Analyst Views on 00017
Wall Street analysts forecast 00017 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00017 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 9.040
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Current: 9.040
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About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





