New World Department Store China

Last updated
New World Department Store China
Company type Listed company
SEHK:  825
Industry Department stores
Founded1993
Headquarters
Area served
Mainland China
Key people
Chairman: Mr. Henry Cheng
Parent New World Development
Chinese name
Simplified Chinese 新世界百货中国
Traditional Chinese 新世界百貨中國
Hanyu Pinyin Xīn-shìjiè bǎihuò zhōngguó
Website www.nwds.com.hk

New World Department Store China Limited is a Hong Kong-based holding company for department store chains in the Mainland China. New World Department Store China is a subsidiary of another listed company New World Development. It has self-owned stores and managed stores in mainland China and in the past in Hong Kong. It operates under two brands: "New World" (Chinese :新世界) and Ba-li Chun-tian (Chinese :巴黎春天; pinyin :Bālí chūntiān; lit.'Paris Spring'). The chairman is Henry Cheng, the son of the Hong Kong billionaire, Cheng Yu-tung. [1] It was listed on the Stock Exchange of Hong Kong with IPO price of HK$5.8 per share. [2]

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