New World Department Store China
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| Company type | Listed company |
|---|---|
| Industry | Department stores |
| Founded | 1993 |
| Headquarters | , |
Area served | People's Republic of China |
Key people | Chairman: Mr. Henry Cheng |
| Parent | New World Development |
| Website | New World Department Store China Limited |
New World Department Store China Limited (SEHK: 825) is a Hong Kong-based company engaged in department store operation in China. It is a subsidiary of New World Development. It has self-owned stores and managed stores in Hong Kong and Mainland China, and operates under two brands: "New World" (Chinese: 新世界) and "Ba Li Chun Tian" (literally "Paris Spring")(Chinese: 巴黎春天). Its company chairman is Henry Cheng, the son of the Hong Kong billionaire, Cheng Yu-tung.[1] It was listed on the Hong Kong Stock Exchange with IPO price of HK$5.8 per share.[2]
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