New World Development Files for Separate Listing of Property Fund on Shanghai Stock Exchange

Stock News

Sep 17

New World Development Co Ltd (HKG: 0017) announced that on September 17, 2026, its fund manager, GF Fund Management Co., Ltd., submitted registration and listing application documents to the China Securities Regulatory Commission and the Shanghai Stock Exchange for a publicly offered commercial real estate investment trust (REIT).

This proposed spin-off entails an independent listing of the securities investment fund on the Shanghai Stock Exchange, with the underlying asset being the Shanghai Hong Kong New World Tower, a mixed-use property located at 300 Huaihai Middle Road in Huangpu District, Shanghai. The property comprises the Shanghai K11 Art Mall shopping center and the Shanghai K11 ATELIER New World Tower.

As of the announcement date, the asset is indirectly wholly owned by the company through Shanghai New World Huaihai Property Development Co., Ltd.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://sg.tigerfiesta.com/news/1158655475"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1158655475\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1158655475?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-17 20:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1158655475","market":"us","top_or_hot":-1,"title":"New World Development Files for Separate Listing of Property Fund on Shanghai Stock Exchange","media":"Stock News","content":"<p><b>New World Development Co Ltd (HKG: 0017)</b> announced that on September 17, 2026, its fund manager, <b>GF Fund Management Co., Ltd.</b>, submitted registration and listing application documents to the China Securities Regulatory Commission and the Shanghai Stock Exchange for a publicly offered commercial real estate investment trust (REIT).<br><br>This proposed spin-off entails an independent listing of the securities investment fund on the Shanghai Stock Exchange, with the underlying asset being the Shanghai Hong Kong New World Tower, a mixed-use property located at 300 Huaihai Middle Road in Huangpu District, Shanghai. The property comprises the Shanghai K11 Art Mall shopping center and the Shanghai K11 ATELIER New World Tower.<br><br>As of the announcement date, the asset is indirectly wholly owned by the company through <b>Shanghai New World Huaihai Property Development Co., Ltd.</b></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New World Development Files for Separate Listing of Property Fund on Shanghai Stock Exchange</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew World Development Files for Separate Listing of Property Fund on Shanghai Stock Exchange\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-09-17 20:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>New World Development Co Ltd (HKG: 0017)</b> announced that on September 17, 2026, its fund manager, <b>GF Fund Management Co., Ltd.</b>, submitted registration and listing application documents to the China Securities Regulatory Commission and the Shanghai Stock Exchange for a publicly offered commercial real estate investment trust (REIT).<br><br>This proposed spin-off entails an independent listing of the securities investment fund on the Shanghai Stock Exchange, with the underlying asset being the Shanghai Hong Kong New World Tower, a mixed-use property located at 300 Huaihai Middle Road in Huangpu District, Shanghai. The property comprises the Shanghai K11 Art Mall shopping center and the Shanghai K11 ATELIER New World Tower.<br><br>As of the announcement date, the asset is indirectly wholly owned by the company through <b>Shanghai New World Huaihai Property Development Co., Ltd.</b></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"161027","symbol_name":"证券","start_time":0,"source_url":"","article_id":"1158655475","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1158655475","pubTimestamp":1789647015,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"New World Development Co Ltd (HKG: 0017) announced that on September 17, 2026, its fund manager, GF Fund Management Co., Ltd., submitted registration and listing application documents to the China...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"161027":"证券","LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC","IPOS":"Renaissance International IPO ETF","BK1216":"多样化房地产活动","00017":"新世界发展","BK1559":"蓝筹地产股","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC"},"translate_title":"新世界发展申请物业基金在上海证券交易所单独上市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"161027":1,"00017":1,"IPOS":1},"content_text":"New World Development Co Ltd (HKG: 0017) announced that on September 17, 2026, its fund manager, GF Fund Management Co., Ltd., submitted registration and listing application documents to the China Securities Regulatory Commission and the Shanghai Stock Exchange for a publicly offered commercial real estate investment trust (REIT).This proposed spin-off entails an independent listing of the securities investment fund on the Shanghai Stock Exchange, with the underlying asset being the Shanghai Hong Kong New World Tower, a mixed-use property located at 300 Huaihai Middle Road in Huangpu District, Shanghai. The property comprises the Shanghai K11 Art Mall shopping center and the Shanghai K11 ATELIER New World Tower.As of the announcement date, the asset is indirectly wholly owned by the company through Shanghai New World Huaihai Property Development Co., Ltd.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}