New World Development Co Ltd (OTCPK:NDVLY)
$ 0.4147 0.0197 (4.99%) Market Cap: 1.99 Bil Enterprise Value: 20.19 Bil PE Ratio: 0 PB Ratio: 0.07 GF Score: 41/100

New World Development Co Ltd Guangzhou Property Policy Update Call Transcript

Jan 30, 2024 / 02:15AM GMT
Release Date Price: $0.6442 (-9.19%)
Christy Zheng
New World Development Company Limited - Head of IR

Good morning, investors and analysts. Thank you for joining us on this online session about the interpretation of Guangzhou's latest easing policy on home purchase restrictions. I am Christy Zheng, New World Development, Head of Investors Relations, China. Last weekend on January 27, Guangzhou release a policy and that's why we have this session to share with you the key points of the easing policy, our coping strategy, as well as the latest progress of different projects.

Present at this meeting today, we have Mr. Edward Lau, CFO, New World Development; Mr. CK Liang, General Manager, New World, China Headquarters, Sales and Marketing Department, Southern China. Now I would like to pass the floor to Mr. Lau. The floor is yours.

Edward Lau
New World Development Company Limited - CFO

Good morning, everyone. Today, I would like to share with you the interpretation of the easing policy on home buying in Guangzhou on January 27. In the last Saturday and the morning, the city of Guangzhou

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