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New World Development Company Limited

Why Is New World Development Company Limited (HKSE: 0017.HK) Stock Down Today?

Live update on 0017.HK's movement on the HKSE, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

0017.HKHKSE
Real EstateReal Estate - Diversified
HK$6.65
HK$0.19(2.78%)
Hong Kong Market opens in 20h 8m

New World Development Company Limited (HKSE: 0017.HK) Update

Day Change
2.78%
2.78%
Volume (Unusual)
3.17M
49.00%
Open / Previous Close
$6.75 / $6.84
Day Range (Low / High)
$6.60 - $6.75

New World Development Company Limited (HKSE: 0017.HK) Summary

New World Development Company Limited (HKSE: 0017.HK) is trading down -2.78% at $6.65, reflecting a negative shift in investor sentiment today. The stock opened at $6.75 and has moved between $6.60 and $6.75 so far.

Trading volume is 3173000, which is 49% below its average, and the price action suggests selling interest.

Technically, 0017.HK on the HKSE is trading below its 50-day moving average of $7.39 and below its 200-day moving average of $8.23, indicating short-term and long-term weakness.

Meyka's AI assigns 0017.HK a grade of C (Overall fair), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +18.80% in 1 month ($7.90), +40.51% in 1 year ($9.34), and +189.34% in 5 years ($19.24).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the HKSE.
Stay informed and make better investment decisions.

0017.HK (HKSE) Technical Signals

Trading below 50-day moving average ($7.39)

Trading below 200-day moving average ($8.23)

Analyst Recommendations data is not available for 0017.HKAnalyst Recommendations details for 0017.HK are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$7.90

1 Year

$9.34

3 Years

$14.29

5 Years

$19.24

C+
Normal59.00

Is this change significant?

5-Day:-1.63%

1-Month:-2.21%

3-Month:-21.02%

What's next?

Next earnings date: 7/30/2025

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