@coolboymew @pettanko 'New Half' refers to a male that lives and dresses as a female. Something similar to a drag queen with less exaggeration on make up.
Crucial difference is the new half knows he's a male and doesn't pretend it's anything more than that.
Trans woman is when a male convinces himself he's a woman.
=========== Story spoiler warning below. You've been warned. ===========
When he unmaskes himself, he says:
'Actually, I'm a man.'
Then continues:
'Colloquially called a "New Half".'