HONG KONG, Sept 26 - For a full statement on the
results of New World Development Co Ltd, which engages
in property investment and development, construction and hotel
investment, please click on: http://www.hkexnews.hk/listedco/listconews/sehk/2013/0926/LTN20130926097.pdf
(Reporting by Twinnie Siu; Editing by Lee Chyen Yee)
HONG KONG - Hong Kong's powerful property developers are locked in a price war as measures to cool one of the world's most expensive real estate markets force them to impose steep discounts to hit sales targets, with many turning to mainland China to fill the gap.