--- title: "The Cheng Yu-tong family plans to sell the Rosewood Hotel? \"Currently operating normally\"" type: "News" locale: "en" url: "https://longbridge.com/en/news/268170773.md" description: "According to reports, the Cheng Yu-tung family may sell assets of the Rosewood Hotel Group to address the liquidity crisis of New World Development, but sources close to the Rosewood Hotel Group stated that they have not heard of any related discussions, and the hotel is currently operating normally" datetime: "2025-12-02T01:55:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/268170773.md) - [en](https://longbridge.com/en/news/268170773.md) - [zh-HK](https://longbridge.com/zh-HK/news/268170773.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/268170773.md) | [繁體中文](https://longbridge.com/zh-HK/news/268170773.md) # The Cheng Yu-tong family plans to sell the Rosewood Hotel? "Currently operating normally" According to reports, the Hong Kong tycoon Cheng Yu-tong's family is seeking buyers for its luxury hotel group, Rosewood Hotel Group, to address the liquidity crisis faced by its real estate subsidiary, New World Development. Sources close to Rosewood Hotel Group stated that they have not heard of any discussions regarding a sale, and currently, all hotels under Rosewood are operating normally. (The Paper) ### Related Stocks - [NEW WORLD DEV (00017.HK)](https://longbridge.com/en/quote/00017.HK.md) ## Related News & Research - [New World Development (OTCMKTS:NDVLY) Sees Strong Trading Volume - Here's What Happened](https://longbridge.com/en/news/277972291.md) - [New World Development Sells Out Batch of Units in Grand Austin Bohemian Project](https://longbridge.com/en/news/278805668.md) - [Nio ES8 deliveries reach 16,255 in Mar, purchase incentives extended](https://longbridge.com/en/news/281447428.md) - [BREAKINGVIEWS-Apollo reaps rich rent on its Intel lifeline](https://longbridge.com/en/news/281406220.md) - [Nvidia Stock (NVDA) Braces for a Quick Snapback after a Rare Two-Quarter Losing Streak](https://longbridge.com/en/news/281360100.md)