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China New City Commercial Development Ltd (1321)

Hong Kong

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0.730 +0.040 +5.80%

04:08:20 - Closed. Currency in HKD ( Disclaimer )

Type: Equity

Market: Hong Kong

ISIN: KYG211931004

Volume: 30,000
Bid/Ask: 0.630 / 0.730
Day's Range: 0.680 - 0.730

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China New City Commercial Development Ltd Company Profile

Get an in-depth profile of China New City Commercial Development Ltd, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryReal Estate Operations

SectorReal Estate

Employees

1433

Equity Type

ORD

China New City Group Limited, an investment holding company, engages in the commercial property development, leasing, and hotel operations in Mainland China and internationally. The company operates through four segments: Commercial Property Development, Property Rental, Hotel Operations, and Others. It develops, owns, operates, and sells integrated commercial complexes in sub-city centers of second-tier cities in the Yangtze River Delta region. The company leases investment properties, including offices and shopping malls; and provides property, project, health, and theatre management services, as well as education development services. In addition, it owns and operates four hotels, which include the Holiday Inn Hangzhou Xiaoshan, the Qiandao Lake Bright Resort Hotel, the Ningbo Bright Hotel, and the Huaibei Bright Hotel. The company was formerly known as China New City Commercial Development Limited and changed its name to China New City Group Limited in November 2023. China New City Group Limited was founded in 1997 and is headquartered in Hangzhou, the People’s Republic of China. China New City Group Limited is a subsidiary of Ideal World Investments Limited.

Contact Information

Address Xinhang Business Center Building 6, 5th Floor
Long Zhang Road Xihu District Hangzhou,
China

Phone 86 57 1837 37878

Fax 86 57 1828 12232

Web www.chinanewcity.com.cn

Top Executives

Name	Age	Since	Title
Sze Yuen Ng	62	2014	Independent Non-Executive Vice Chairperson
Chun Leung Yim	60	2014	Independent Non-Executive Director
Nanlu Shi	40	2020	CEO & Executive Director
Shi Zhongan	59	2013	Non-Executive Chairperson
Chengfa Xu	70	2014	Independent Non-Executive Director
Yau Yiu Lam	59	2023	Independent Non-Executive Director
Yuan Yuan	40	2023	Independent Non-Executive Director
Jianrong Jin	54	2023	Executive Director

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