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Billionaire Cheng family’s New World Development terminates Hong Kong airport mall project, booking $2.3B losses

Billionaire Cheng family’s New World Development terminates Hong Kong airport mall project, booking $2.3B losses

New World Development has logged a net loss of HK$18.3 billion (US$2.33 billion) from terminating operating ‌rights for a shopping mall next to the Hong Kong airport.

Source: VnExpress English

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