New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company is also involved in the loyalty program, fashion retailing and trading, and land development businesses; and development and operation of sports park. In addition, it operates club houses, golf and tennis academies, and shopping malls; constructs and operates Skycity complex; and operates department stores. Additionally, the company offers information technology, training course, ticketing, financial, project management, retail and corporate sales, management, culture and recreation, construction, estate agency, supply chain management, property management, business and investment consultancy, accountancy, and consultancy services. It also invests in, owns, and operates hotel properties. New World Development Company Limited was incorporated in 1970 and is headquartered in Central, Hong Kong.