Big news about New World Development, a huge Hong Kong company that builds things! They recently had a big loss, but their plan to fix things sent their stock price way up. This shows how the market reacts to good and bad news.
- New World Development lost a lot of money.
- They have a plan to sell more buildings and reduce debt.
- Their stock price went up because of the plan.
- They are planning to build a new office building in China.
| Fact | Number |
|---|---|
| Loss | $852.63 million |
| Stock Price Increase | 11.8% |
| Market Value (now) | $1.5 billion |
| Market Value (2019) | $14 billion |
