Adrian Cheng’s resignation marks turning point for New World Development

Last week, Hong Kong millionaire Adrian Cheng Chi-kong stepped down from his role as CEO of New World Development. The unexpected announcement followed the conglomerate’s first full-year loss in two decades and raised questions about Cheng’s future role within the family empire. Upon his resignation, Cheng transitioned from executive director and executive vice-chairman to non-executive director and non-executive vice-chairman of the company. He also relinquished his membership on th

This content is for IR Pro subscribers only.

Subscribe now to unlock an all-access pass.

IR Pro - monthly

$5 +GST for the first 30 days. (Auto renews at $28+GST per month.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now
Retailer’s choice

IR Pro - annual

$312 +GST per year. (Auto renews annually.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now