It was a Wednesday evening in late September and analysts covering New World Development Co. were getting antsy. The cash-strapped Hong Kong developer was late to report its earnings, and executives hadn’t shown up to a scheduled briefing.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-10-12/hong-kong-lifeline-buys-cheng-family-time-to-save-new-world)