Milestones

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1995

New World Development (China) starts its first project in Tianjin.
New World Infrastructure Limited ("NWI") (Hong Kong stock code: 301) is formed to consolidate all of NWD's infrastructure projects in Hong Kong and Mainland China. NWI is listed on HKSE in October.
On 1 July 1995, New World Telephone is the first new telephone company to launch telephone services, ending a 70-year-old telephone monopoly in Hong Kong.
New World Telephone obtains Fixed Telephone Network Service license.
Guangzhou New World Riverside Villas on Ersha Island, Guangzhou is launched.