New World Development Company (NDVLY) Spon ADR Each Conv into 2 Ord HKD1

New World Development Company Limited is an investment holding company mainly engaged in the property development. Along with subsidiaries, the Company operates its business through seven segments: the Property development segment, the Service segment, the Department stores segment, the Property Investment segment, the Infrastructure, the Hotel Operations segment, and the Others segment. The Property development segment is involved in the construction of the residential units. These include SKYPARK, BOHEMIAN HOUSE, Shenzhen New World Yi Shan Garden, Shenzhen New World Signature Hill, among others. The Service segment provides property and facility management, transport and other services. The Infrastructure Operations segment is involved in the operation of roads, environment projects, commercial aircraft leasing, container handling, logistics and warehousing services. The Others segment is engaged in telecommunications, media, technology and other strategic businesses.