Hong Kong’s $13bn airport city plans squeezed by developer’s cash crunch
Property New World Development, deep in debt, may be looking to sell centerpiece 11 Skies mall Commercial complex 11 Skies is set to be one of the largest malls in Hong Kong. (Photo by Kensaku Ihara) KENSAKU IHARA September 30, 2025 03:31 JST HONG KONG — A 100 billion Hong Kong dollar ($12.8 billion) urban development…