{"id":114220,"date":"2020-02-12T14:07:09","date_gmt":"2020-02-12T07:07:09","guid":{"rendered":"http:\/\/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\/"},"modified":"2020-02-12T14:24:01","modified_gmt":"2020-02-12T07:24:01","slug":"new-world-development-puts-harvard-educated-scion-in-charge-of-china-flagship-unit-amid-succession-plan-at-hong-kong-property-empire","status":"publish","type":"post","link":"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\/","title":{"rendered":"New World Development puts Harvard-educated scion in charge of China flagship unit amid succession plan at Hong Kong property empire"},"content":{"rendered":"


\nNew 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 in the world\u2019s second-largest economy, it said in a statement on Wednesday. The 40-year old Harvard-educated executive is the eldest of six children of\u2026
\n
\nSource : South China Morning Post
\nRead more…New World Development puts Harvard-educated scion in charge of China flagship unit amid succession plan at Hong Kong property empire<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New World Development has appointed Adrian Cheng Chi-kong as head of its property business in...<\/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-114220","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-tIg","jetpack-related-posts":[{"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":114220,"position":0},"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":118204,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-to-pay-us592-million-for-shanghai-site-in-first-major-deal-by-scion-of-hong-kong-property-empire\/","url_meta":{"origin":114220,"position":1},"title":"New World Development to pay US$592 million for Shanghai site in first major deal by scion of Hong Kong property empire","date":"August 12, 2020","format":false,"excerpt":"\r New World Development is developing a prime commercial site in Shanghai in the first major deal in mainland China by the heir to Hong Kong\u2019s fourth-largest property group.The Hong Kong-listed developer won the bid for a 17,170 square metre (184,817 sq ft) land parcel located at Middle Huaihai Road\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121415,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swires-flagships-post-strong-interim-results-capping-family-scions-helmsmanship-of-hong-kong-units-through-rough-times\/","url_meta":{"origin":114220,"position":2},"title":"Swire\u2019s flagships post strong interim results, capping family scion\u2019s helmsmanship of Hong Kong units through rough times","date":"August 12, 2021","format":false,"excerpt":"\r The Swire Group\u2019s two publicly listed flagship companies delivered strong financial results in the first six months of 2021, marking a strong bookend to the tenure of Merlin Bingham Swire before the six-generation scion of the founder steps down on August 24 as chairman.Swire Pacific, one of Asia\u2019s largest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107581,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-yorks-museum-of-modern-art-to-open-flagship-store-in-hong-kong-developer-new-worlds-k11-musea\/","url_meta":{"origin":114220,"position":3},"title":"New York\u2019s Museum of Modern Art to open flagship store in Hong Kong developer New World\u2019s K11 Musea","date":"May 30, 2019","format":false,"excerpt":"\r Hong Kong property developer New World Development is bringing a flagship store of New York\u2019s The Museum of Modern Art (MoMA) to Hong Kong this year.The 6,000 sq ft store, MoMa\u2019s largest in Asia, is to open in August in K11 Musea, the retail part of Tsim Sha Tsui\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37310,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/closure-of-ralph-lauren-hong-kong-flagship-store-probably-wont-be-the-last-given-citys-poor-retail-climate\/","url_meta":{"origin":114220,"position":4},"title":"Closure of Ralph Lauren Hong Kong flagship store probably won\u2019t be the last given city\u2019s poor retail climate","date":"December 7, 2016","format":false,"excerpt":"\r \u201cWe are in the midst of transforming our presence in China, a region that we believe will become an important driver of growth for us over the long term,\u201d Ralph Lauren said in 2012 after the fashion conglomerate of which he was then chief executive announced plans to open\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scion-of-hong-kong-warehousing-firm-tai-sang-steps-up-hospitality-foray-with-wong-chuk-hang-hotel\/","url_meta":{"origin":114220,"position":5},"title":"Scion of Hong Kong warehousing firm Tai Sang steps up hospitality foray with Wong Chuk Hang hotel","date":"July 11, 2021","format":false,"excerpt":"\r Justin Ma, the 29-year-old heir of the family that controls Tai Sang Land Development, hopes to ramp up investment in hospitality, in a break from the investment strategy of the 53-year-old company, which is better known for industrial buildings, shops and office buildings in Hong Kong.Ma founded Yulan Group,\u2026","rel":"","context":"In "Property 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