Private company

New World First Bus Services Limited

1998–2023 bus operator in Hong Kong

New World First Bus Services Limited (NWFB) was the third-largest bus operator in Hong Kong. Established by NWS Holdings and FirstGroup in September 1998, it took over 88 China Motor Bus services in Hong Kong Island. From 2020 until its merger with Citybus in 2023, it was a subsidiary of Bravo Transport, the owner of Citybus.2 It was founded by FirstGroup plc and New World Development Company Limited.1 It is part of Bravo Transport Services.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Mar 30, 1998Founded1
  • HeadquartersHong Kong1
Nwfb 8 5600
Photo: Eric278, CC BY-SA 3.0, via Wikimedia Commons4

New World First Bus Services Limited (NWFB) was the third-largest bus operator in Hong Kong. Established by NWS Holdings and FirstGroup in September 1998, it took over 88 China Motor Bus services in Hong Kong Island. From 2020 until its merger with Citybus in 2023, it was a subsidiary of Bravo Transport, the owner of Citybus. The NWFB brand was retired on 1 July 2023 with operations merged into Citybus.2

Corporate structure

New World First Bus Services Limited is part of a group headed by Bravo Transport Services. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

Founded by FirstGroup plc and New World Development Company Limited on Mar 30, 1998.1

Background

Before NWFB was established, franchised bus services in Hong Kong Island were provided by China Motor Bus (CMB) (franchisee since 1933) and Citybus (franchisee since 1991). In the early 1990s, the service levels of CMB were in decline. Therefore, the Government of Hong Kong started to introduce new competitors by transferring the franchise of CMB routes to other companies. As a result, Citybus became the second franchisee of bus services on Hong Kong Island. Over 40 routes were transferred between 1991 and 1995. As a result of the loss of many profitable routes, the services of CMB did not show any significant improvement.

Bidding for franchise

In February 1998, the government announced the franchise for all 140 routes operated by CMB would not be renewed when it expired on 31 August 1998. Eighty-eight of the routes were placed to open tender, 12 routes were transferred directly to Citybus, one cross-harbour route to Kowloon Motor Bus, and the remaining routes were cancelled.

Six companies lodged bids:

NWS Holdings was considered a dark horse as it was the only bidder with no local bus operation experience. However, NWS Holdings was awarded a replacement franchise in March 1998 with commitments of new facilities, improved service standards and employment of CMB staff. During the handover in mid-1998, NWFB faced many difficulties since CMB was reluctant to cooperate.

Start of operations

NWFB officially commenced operating at midnight on 1 September 1998, taking over 88 bus routes and employing a fleet of 710 mostly step-entrance buses after a series of negotiations and with help from the government. However NWFB had already started its operation of other non-overnight routes at midnight as CMB refused to operate after that time. In order to compete with Citybus and KMB, NWFB has purchased 500 new low-floor buses, 50 of which entered service in September 1998; most of these were either Dennis Trident 3s or Volvo B10TLs while 76 were Plaxton Pointer 2 bodied Dennis Dart SLFs.

In May 2000, the FirstGroup sold its shares in NWFB to joint venture partner New World Development, giving New World Development 100% ownership of the company.

In June 2003, fellow franchised bus operator Citybus was purchased by NWFB parent company NWS Holdings, bringing the bus services of Hong Kong Island once again under control of a single organisation. Before the acquisition, many of the two companies' competing routes overlap each other. In order to make better use of company resources, many routes were reshuffled. Redundant routes were cancelled, and Octopus card bus-bus interchange discounts were introduced between routes of both companies.

In January 2004, NWFB took a 51% shareholding in Kunming New World First Bus, a joint venture established with the city of Kunming on the Southwestern Chinese mainland, to operate 39 bus routes within Kumning and across Yunnan province with a fleet of 700 buses.

Read the full text

Retirement of brand

In August 2020, NWFB, along with Citybus, were sold to the Bravo Transport consortium, made up of private equity firm Templewater Bravo, Hong Kong-listed investment holding company Hans Energy and Ascendal Group.

In July 2022, Bravo Transport announced that it would be retiring the NWFB brand, with operations merged into Citybus when the next franchise commenced on 1 July 2023. In July 2023, the brand was retired.

From Wikipedia’s article on New World First Bus, shared under CC BY-SA 4.0.3

Products and brands

As of July 2022, the New World First Bus fleet consisted of 650 buses. NWFB operated four depots in Heng Fa Chuen, Wong Chuk Hang, Tseung Kwan O and West Kowloon.

From Wikipedia’s article on New World First Bus, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Parent company

Owners

From Wikidata.1

Acquisitions

  1. Succeeded by Citybus1

Timeline

  1. Jul 1, 2023Dissolved Dissolved1
  2. Mar 30, 1998Founded Founded1