{"id":147192,"date":"2024-09-26T15:51:59","date_gmt":"2024-09-26T08:51:59","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-world-promotes-eric-ma-to-ceo-replacing-adrian-cheng-after-record-loss\/"},"modified":"2024-09-26T20:02:12","modified_gmt":"2024-09-26T13:02:12","slug":"hong-kongs-new-world-promotes-eric-ma-to-ceo-replacing-adrian-cheng-after-record-loss","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-world-promotes-eric-ma-to-ceo-replacing-adrian-cheng-after-record-loss\/","title":{"rendered":"Hong Kong\u2019s New World promotes Eric Ma to CEO, replacing Adrian Cheng after record loss"},"content":{"rendered":"


\nAdrian Cheng Chi-kong stepped down as New World\u2019s CEO, handing over to Eric Ma Siu-cheung the job that he had held for four years.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s New World promotes Eric Ma to CEO, replacing Adrian Cheng after record loss<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Adrian Cheng Chi-kong stepped down as New World\u2019s CEO, handing over to Eric Ma Siu-cheung...<\/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-147192","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-Ci4","jetpack-related-posts":[{"id":147180,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-to-step-down-as-new-world-ceo-likely-to-be-replaced-by-coo-eric-ma-sources\/","url_meta":{"origin":147192,"position":0},"title":"Adrian Cheng to step down as New World CEO, likely to be replaced by COO Eric Ma: sources","date":"September 25, 2024","format":false,"excerpt":"\r Cheng, born in 1979, will become the non-executive vice-chairman of New World, giving up his title of chief executive officer, sources say.\r \r Source : South China Morning Post\r Read more...Adrian Cheng to step down as New World CEO, likely to be replaced by COO Eric Ma: sources","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":147192,"position":1},"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":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":147192,"position":2},"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":[]},{"id":160456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-exits-as-ctfe-director-ending-role-in-hong-kong-family-empire\/","url_meta":{"origin":147192,"position":3},"title":"Adrian Cheng exits as CTFE director, ending role in Hong Kong family empire","date":"September 4, 2025","format":false,"excerpt":"\r Adrian Cheng Chi-kong is no longer a director of New World Development parent company Chow Tai Fook Enterprises (CTFE), cutting the last tie that connected the former heir apparent to one of the city\u2019s most powerful business empires. His name is no longer listed as a director, according to\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":147192,"position":4},"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":122284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-world-development-launches-non-profit-that-will-seek-innovative-solutions-to-citys-housing-issues\/","url_meta":{"origin":147192,"position":5},"title":"Hong Kong\u2019s New World Development launches non-profit that will seek innovative solutions to city\u2019s housing issues","date":"September 29, 2021","format":false,"excerpt":"\r New World Development (NWD) has launched a non-profit social housing enterprise that will come up with innovative policies to solve Hong Kong\u2019s deep-rooted housing issues.The enterprise, New World Build for Good, will conduct research in multiple directions and lead future pilot programmes as it seeks short to medium-term solutions,\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\/147192"}],"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=147192"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147192\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=147192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=147192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=147192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}