expand/collapse risk warning

CFDs come with a high risk of losing money rapidly due to leverage. 71% of accounts lose money when trading CFDs with this provider. You should understand how CFDs work and consider if you can take the risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

71% of retail investor accounts lose money when trading CFDs with this provider.


New World Development Stocks

[[ data.name ]]

[[ data.ticker ]]

[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)

Low: [[ data.low ]]

High: [[ data.high ]]







New World Development Co (HK17) is a renowned property developer in Hong Kong, with a current market cap of 49.12 billion HKD as of 26th June 2023. Founded in 1970 by Dr. Cheng Yu-tung, the company has established itself as a leader in the real estate sector, focusing on residential, commercial, and infrastructure projects.

Over the years, it has expanded its portfolio to include hotels, shopping malls, and various large-scale projects, solidifying its position in the industry. The company went public in 1972, listing its shares on the Hong Kong Stock Exchange under the ticker symbol HK17.

With a commitment to innovation and sustainability, the company continues to create landmark developments that shape urban landscapes and enhance the quality of life for residents and communities.

Within the past five years, New World Development Co reached its highest stock price of 55.52 HKD in April 2019, while its lowest point was at 15.36 HKD in November 2022. These price movements highlight the importance of understanding the stock's history when making investment decisions.

To gain insights into New World Development's share price history, traders can utilize various tools and indicators. Technical analysis techniques, such as The Awesome Oscillator, Bollinger Bands and Inverted Hammer may help identify trends, support and resistance levels, and potential entry or exit points. Additionally, fundamental analysis, including economic indicators and company-specific information, can provide insights into the overall health of the real estate sector and New World Development's performance.

By combining these analytical methods with a thorough understanding of HK17's share price history, investors may better navigate the market and make more informed decisions about their investments in this leading Hong Kong property developer.

When considering trading New World Development Co stock, it's essential to evaluate the company's competitors within the real estate and property development industry. They include:

  • Sun Hung Kai Properties Ltd (HK16): As one of Hong Kong's largest property developers, SHKP has a strong presence in the market with numerous high-profile projects.
  • CK Asset Holdings (HK1113): Another leading property developer in Hong Kong, CK Asset Holdings is known for its innovative developments and diversified investment portfolio.
  • Henderson Land Development (HK12): This prominent competitor focuses on property development, management, and investment in Hong Kong and mainland China.

By examining these competitors' financial performance, market share, and growth strategies, you may better understand the competitive landscape surrounding New World Development Co stock. This analysis will aid in determining the potential risks and rewards associated with investing in this particular stock.

Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
Spread min [[ data.stats.minSpread ]]
Spread avg [[ data.stats.avgSpread ]]
Min contract size [[ data.minVolume ]]
Min step size [[ data.stepVolume ]]
Commission and Swap Commission and Swap
Leverage Leverage
Trading Hours Trading Hours

* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

Trade [[data.name]] with Skilling

All Hassle-free, with flexible trade sizes and with zero commissions!*

  • Trade 24/5
  • Minimum margin requirements
  • No commission, only spread
  • Fractional shares available
  • Easy to use platform

*Other fees may apply.

Sign up

Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.


Capitalise on rising prices (go long)


Capitalise on falling prices (go short)


Trade with leverage
Hold larger positions than the cash you have at your disposal


Trade on volatility
No need to own the asset


No commissions
Just low spreads


Manage risk with in-platform tools
Ability to set take profit and stop loss levels