Property News · February 12, 2020

New World Development puts Harvard-educated scion in charge of China flagship unit amid succession plan at Hong Kong property empire


New World Development has appointed Adrian Cheng Chi-kong as head of its property business in mainland China, entrenching his position as the next-generation successor at Hong Kong’s third-largest hotel-and-property empire by market value.Cheng has been named the executive chairman of New World China Land, the group’s flagship property arm in the world’s second-largest economy, it said in a statement on Wednesday. The 40-year old Harvard-educated executive is the eldest of six children of…

Source : South China Morning Post
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