NWD's K11 MUSEA Sees Approximately 50% Increase in Visitors Over New Year's Holiday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2026
0mins
Source: aastocks
Stock Performance: NEW WORLD DEV (00017.HK) experienced a slight decline of 0.541% with short selling amounting to $1.98M and a ratio of 6.827%.
Increased Footfall: The K11 MUSEA in Tsim Sha Tsui saw a nearly 50% year-on-year increase in visitor numbers during the New Year holiday, attributed to a surge in tourists from Mainland China.
Membership Growth: Membership consumption at K11 MUSEA rose by over 40% compared to the same period in 2024, indicating strong customer engagement.
Luxury Brand Performance: International luxury brands, particularly in watches and jewelry, reported significant year-on-year growth, with increases of over 40% and 80%, respectively.
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.





