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New World Development posts $3.6bn loss after abandoning Hong Kong airport mall project

The developer posted a HK$26.8 billion annual net loss and paid $430 million to terminate the 11 Skies project.

2 publishers · 2 articles · first seen 30 Sept 2026 · updated 11h ago

The story so far

2 publishers have covered this in 2 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 News Feed, appeared on 1 October at 06:10 UTC.

Outlets reporting it: News Feed (major outlet), South China Morning Post.

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Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. Embattled developer pays $430mn to abandon Hong Kong airport mega mall News Feed ·
  2. New World Development posts HK$26.8b loss after 11 Skies termination South China Morning Post

In this story

  • New World Development
  • Echo Huang