{
  "id": 8879874,
  "title": "Hong Kong billionaire Cheng family's New World Development secures Shanghai bourse approval for $570M REIT listing",
  "url": "https://urgent.news/2026/09/21/hong-kong-billionaire-cheng-familys-new-world-development-secures",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T07:59:20.000Z",
  "source": {
    "name": "VnExpress Business",
    "slug": "vnexpress-business",
    "url": "https://e.vnexpress.net/news/business/companies/hong-kong-billionaire-cheng-family-s-new-world-development-secures-shanghai-bourse-approval-for-570m-reit-listing-5122891.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "New World Development said it has gained the Shanghai Stock Exchange's approval to spin off and list its REIT for an expected offering size of 3.82 billion yuan (US$570.36 million), the first by a Hong Kong developer.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}