New World Development Company Limited is an investment holding company engaged in property development and investment in Hong Kong and Mainland China. Its portfolio includes residential, retail, office, and industrial properties. The company also operates in loyalty programs, fashion retailing and trading, land development, and sports park development and operation. It manages club houses, golf and tennis academies, and shopping malls, and constructs and operates the Skycity complex and department stores. Additionally, it provides a range of services including information technology, training, ticketing, financial, project management, retail and corporate sales, management, culture and recreation, construction, estate agency, supply chain management, property management, business and investment consultancy, accountancy and advisory, and consultancy services. The company also invests in, owns, and operates hotel properties. Incorporated in 1970, it is headquartered in Central, Hong Kong.