New World Shares Rise as Airport Authority Takes Over 11 Skies Project
Shares of New World Development rose after the Hong Kong Airport Authority terminated their contract for the 11 Skies mall, causing a $3.6 billion loss for the developer.
Headline and summary written by an AI model from the linked articles; not reviewed by a person. How this was made
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The story so far
3 publishers have covered this in 6 articles since 30 Sept 2026. South China Morning Post published first, on 30 September at 14:46 UTC; News Feed followed 15h 24m later. The most recent article, from South China Morning Post, appeared on 3 October at 05:59 UTC.
Outlets reporting it: News Feed (major outlet), Bloomberg.com (major outlet), South China Morning Post.
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How it unfolded
Every source in the order it published.
- South China Morning PostNew World Development posts HK$26.8b loss after 11 Skies termination
- News FeedEmbattled developer pays $430mn to abandon Hong Kong airport mega mall
- Bloomberg.comNew World Shares Jump After 11 Skies Exit Fuels Deal Hopes
- South China Morning PostReturn of 11 Skies project to Airport Authority will spur hub development: experts
- South China Morning PostCutting New World ties over 11 Skies averts ‘lose-lose’ deal: Airport Authority
- South China Morning PostHong Kong Airport Authority to reshape 11 Skies as a high-end tourism landmark
Sources
Every article we clustered into this story. Headlines link to the publisher.
- New World Shares Jump After 11 Skies Exit Fuels Deal Hopes Bloomberg.com ·
- Embattled developer pays $430mn to abandon Hong Kong airport mega mall News Feed ·
- Hong Kong Airport Authority to reshape 11 Skies as a high-end tourism landmark South China Morning Post
- Cutting New World ties over 11 Skies averts ‘lose-lose’ deal: Airport Authority South China Morning Post
- Return of 11 Skies project to Airport Authority will spur hub development: experts South China Morning Post
- New World Development posts HK$26.8b loss after 11 Skies termination South China Morning Post
In this story
- New World Development
- Hong Kong Airport Authority
- 11 Skies
- Julian Lee Pui-hang
- Echo Huang