Company
Headquarters: Hangzhou, China
Employees: 1,630
CEO: Mr. Nanlu Shi
HK$1.39 Billion
HKD as of Jan. 1, 2024
US$177.7 Million
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China New City Commercial Development Limited, an investment holding company, engages in the commercial property development, leasing, and hotel operations in Mainland China. The company operates through four segments: Commercial Property Development, Property Rental, Hotel Operations, and Others. It develops, owns, operates, and sells integrated commercial complexes in sub-city centers of second-tier cities in the Yangtze River Delta region. The company also leases investment properties, including offices and shopping malls; and provides property, project, health, hospital, and theatre management services, as well as education development services. In addition, it owns and operates four hotels, which include the Holiday Inn Hangzhou Xiaoshan, Hangzhou Qiandao Lake Bright Resort Hotel, Ningbo Bright Hotel, and Huaibei Bright Hotel. The company was founded in 1997 and is headquartered in Hangzhou, the People's Republic of China. China New City Commercial Development Limited is a subsidiary of Ideal World Investments Limited.
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China New City Commercial Development Ltd has the following listings and related stock indices.
Stock: HKEX: 1321 wb_incandescent
Stock: FSX: C7B wb_incandescent