Cheng family scion helps Chiaphua focus on Vietnam<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
Jonathan Cheng, a member of the third generation of the family that runs 110-year-old conglomerate...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-1138","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-im","jetpack-related-posts":[{"id":172696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-former-scion-of-hong-kongs-nwd-expands-k11-brand-in-xiamen\/","url_meta":{"origin":1138,"position":0},"title":"Adrian Cheng, former scion of Hong Kong\u2019s NWD, expands K11 brand in Xiamen","date":"October 5, 2026","format":false,"excerpt":"\r Adrian Cheng Chi-kong, former heir apparent to Hong Kong\u2019s New World Development (NWD), is expanding his K11 cultural retail business in mainland China, launching a venture of his own as his family\u2019s property group grapples with heavy debt. Xiamen K11 Select, developed by Cheng\u2019s K11 by AC Group along\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-leaves-new-world-after-securing-funding-lifeline\/","url_meta":{"origin":1138,"position":1},"title":"Adrian Cheng leaves New World after securing funding lifeline","date":"June 30, 2025","format":false,"excerpt":"\r Adrian Cheng Chi-kong, the third generation scion of New World Development (NWD), has left the company after the Hong Kong developer successfully refinanced its debt and concluded months of negotiations that pulled it back from the brink of default. Cheng resigned as non-executive director of NWD, effective July 1,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161317,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-focuses-on-transformative-industries-under-new-firm-almad-group\/","url_meta":{"origin":1138,"position":2},"title":"Adrian Cheng focuses on \u2018transformative industries\u2019 under new firm ALMAD Group","date":"September 21, 2025","format":false,"excerpt":"\r Adrian Cheng Chi-kong has launched a new business focused on \u201ctransformative industries\u201d, including culture and healthcare, nearly three months after the third-generation scion of New World Development (NWD) left the company. His new enterprise, ALMAD Group, will target markets in Southeast Asia and the Middle East, as well as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119243,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-worlds-harvard-educated-scion-upends-his-grandfathers-build-and-sell-business-model-as-hong-kong-sits-at-crossroads\/","url_meta":{"origin":1138,"position":3},"title":"New World\u2019s Harvard-educated scion upends his grandfather\u2019s \u2018build and sell\u2019 business model as Hong Kong sits at crossroads","date":"November 14, 2020","format":false,"excerpt":"\r Cheng Yu-tung, one of Hong Kong\u2019s best-known tycoons, spared no expense when he led a 1985 effort to build a harbourfront convention centre to host the city\u2019s return to Chinese sovereignty 12 years later.Construction activity on the US$322 million project was a gesture of confidence in a city clawing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114220,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-puts-harvard-educated-scion-in-charge-of-china-flagship-unit-amid-succession-plan-at-hong-kong-property-empire\/","url_meta":{"origin":1138,"position":4},"title":"New World Development puts Harvard-educated scion in charge of China flagship unit amid succession plan at Hong Kong property empire","date":"February 12, 2020","format":false,"excerpt":"\r 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\u2019s third-largest hotel-and-property empire by market value.Cheng has been named the executive chairman of New World China Land, the group\u2019s flagship property arm\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111213,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-hong-kong-break-the-stranglehold-of-the-citys-biggest-developers-on-land-reserves\/","url_meta":{"origin":1138,"position":5},"title":"Can Hong Kong break the stranglehold of the city\u2019s biggest developers on land reserves?","date":"September 30, 2019","format":false,"excerpt":"\r When Adrian Cheng Chi-kong, the third-generation scion of one of Hong Kong\u2019s biggest landowners, met Ricky Yu in 2016, the seed of an unorthodox idea was planted.Yu, founder of the non-profit builder Light Be, was looking for land to build what his six-year-old group calls social housing, including co-tenancy\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1138"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=1138"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1138\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=1138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=1138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=1138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}