Listed company | |
Industry | Department stores |
Founded | 1993 |
Headquarters | Hong Kong Island, Hong Kong |
Area served
|
People's Republic of China |
Key people
|
Chairman: Mr. Henry Cheng |
Parent | New World Development |
Website | New World Department Store China Limited |
New World Department Store China Limited (: 825) is a Hong Kong-based company engaged in department store operation in China. It is a subsidiary of New World Development. It has self-owned stores and managed stores in Hong Kong and Mainland China, and operates under two brands: "New World" (Chinese: 新世界) and "Ba Li Chun Tian" (literally "Paris Spring")(Chinese: 巴黎春天). Its company chairman is Henry Cheng, the son of the Hong Kong billionaire, Cheng Yu-tung. It was listed on the with IPO price of HK$5.8 per share.