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After around 2.5 billion USD losses at New World Development, K11 calls for restructuring Adrian Cheng Chi-kong stepped down as CEO and Executive Vice Chairman of Hong Kong-based property giant New ...

An icon in the shape of a lightning bolt. Impact Link The Cheng family is one of Hong Kong's most prominent and richest families, owning billions in property and a bustling jewelry business that's ...

Hong Kong property behemoth New World Development announced Thursday that its chief executive officer Adrian Cheng has been replaced, as the firm reported an annual loss of over US$2.5 billion.

Adrian Cheng, the third-generation scion of Hong Kong’s billionaire Cheng family, said on Thursday he had stepped down as CEO of the family’s flagship New World Development, after the property ...

Hong Kong developer New World Development and another listed unit were suspended from trading starting at 9am Thursday, a day after sources told the Post that Adrian Cheng Chi-kong would step down ...

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Property developer New World Development on Thursday confirmed that chief executive officer Adrian Cheng has resigned, with chief operating officer and former government minister Eric Ma taking up ...

New World Development (NWD)'s CEO Adrian Cheng (pictured) has resigned after 17 years, with NWD's chief operating officer Ma Siu Cheung taking up the role instead. According to the official ...

(Bloomberg) -- New World Development Co. Chief Executive Officer Adrian Cheng has resigned, after the third-generation heir steered the Hong Kong property developer to its first annual loss in two ...