New World Department Store China Limited

New World Department Store China Limited
New World Department Store China Limited
新世界百貨中國有限公司
Type Listed company
Industry Department stores
Founded 1993
Headquarters Hong Kong Island, Hong Kong
Area served People's Republic of China
Key people Chairman: Mr. Henry Cheng
Parent New World Development
Website New World Department Store China Limited

New World Department Store China Limited (SEHK825) is a Hong Kong-based company engaged in department store operation in China. It is a subsidiary of New World Development. It has self-owned stores and managed stores in Hong Kong and Mainland China, and operates under two brands: "New World" (Chinese: 新世界) and "Ba Li Chun Tian" (literally "Paris Spring")(Chinese: 巴黎春天). Its company chairman is Henry Cheng, the son of the Hong Kong billionaire, Cheng Yu-tung.[1] It was listed on the Hong Kong Stock Exchange with IPO price of HK$5.8 per share.[2]

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