New World Department Store China
| Company type | Listed company | ||||||
|---|---|---|---|---|---|---|---|
| SEHK: 825 | |||||||
| Industry | Department stores | ||||||
| Founded | 1993 | ||||||
| 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 | ||||||
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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