New Media Group Holdings Limited is a Hong Kong-based investment holding company. The Company, together with its subsidiaries, is engaged in the magazine publishing and generates advertising income, circulation income, digital business income and income from provision of magazine content. It owns and publishes five weekly magazines: Oriental Sunday, Weekend Weekly, New Monday, Fashion and Beauty and Economic Digest. Oriental Sunday is an entertainment magazine. Weekend Weekly is a travel and dining weekly leisure guide. New Monday is a multimedia platform for news on the latest fashion and trends. Fashion and Beauty is a beauty guide for office ladies. Economic Digest is a weekly financial and investment guide. The Company�s operations are located in Hong Kong and the People�s Republic of China. The Company's subsidiaries include Reach Gain Limited, Smart Ideal Limited, Time Year Limited, Wide Connection Limited, World Sources (HK) Limited and others.