{"id":172696,"date":"2026-10-05T18:08:10","date_gmt":"2026-10-05T11:08:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-former-scion-of-hong-kongs-nwd-expands-k11-brand-in-xiamen\/"},"modified":"2026-10-05T18:18:32","modified_gmt":"2026-10-05T11:18:32","slug":"adrian-cheng-former-scion-of-hong-kongs-nwd-expands-k11-brand-in-xiamen","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adrian-cheng-former-scion-of-hong-kongs-nwd-expands-k11-brand-in-xiamen\/","title":{"rendered":"Adrian Cheng, former scion of Hong Kong\u2019s NWD, expands K11 brand in Xiamen"},"content":{"rendered":"


\nAdrian 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.
\nXiamen K11 Select, developed by Cheng\u2019s K11 by AC Group along with state-owned Xiamen Rail Transit Group in the city in the southeastern province of Fujian, has attracted more than 2 million visits since its opening on September 22, with sales rising 32 per…
\n
\nSource : South China Morning Post
\nRead more…Adrian Cheng, former scion of Hong Kong\u2019s NWD, expands K11 brand in Xiamen<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Adrian Cheng Chi-kong, former heir apparent to Hong Kong\u2019s New World Development (NWD), is expanding...<\/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-172696","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-IVq","jetpack-related-posts":[{"id":172606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-new-world-gets-nod-to-spin-off-k11-shanghai-assets\/","url_meta":{"origin":172696,"position":0},"title":"Hong Kong developer New World gets nod to spin off K11 Shanghai assets","date":"September 21, 2026","format":false,"excerpt":"\r New World Development (NWD) received the green light from the Shanghai Stock Exchange to spin off and list a Reit (real estate investment trust) on the bourse, according to the distressed developer controlled by one of Hong Kong\u2019s wealthiest families. The expected offering size for the NWD C-Reit was\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":172696,"position":1},"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":134368,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-new-world-development-denies-sale-of-k11-atelier-stake-citing-robust-cash-reserves\/","url_meta":{"origin":172696,"position":2},"title":"Hong Kong\u2019s New World Development denies sale of K11 Atelier stake, citing \u2018robust cash reserves\u2019","date":"February 2, 2023","format":false,"excerpt":"\r The developer, owned by the family of billionaire Henry Cheng Kar-shun, issued a statement to say it has US$13.4 billion in capital and \u2018no plans to sell any stake in K11 Atelier King\u2019s Road\u2019.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s New World Development denies sale\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":172696,"position":3},"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":110719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sc-global-in-a-first-of-its-kind-collaboration-with-k11-artus\/","url_meta":{"origin":172696,"position":4},"title":"SC Global in a first-of-its-kind collaboration with K11 ARTUS","date":"September 13, 2019","format":false,"excerpt":"\r SC Global Developments has partnered K11 ARTUS from K11 Group for a first-of-its-kind residential collaboration at Cuscaden Reserve. Located at 8 Cuscaden Road near the upcoming Orchard Boulevard MRT station, the 28-storey Cuscaden Reserve is close to various hotels, high-end restaurants and lifestyle amenities. The luxury condominium project \u2013\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-takes-hong-kong-lifestyle-to-another-level-set-to-launch-priciest-serviced-apartments\/","url_meta":{"origin":172696,"position":5},"title":"New World Development takes Hong Kong lifestyle to another level, set to launch priciest serviced apartments","date":"April 18, 2019","format":false,"excerpt":"\r New World Development is set to displace Four Seasons Place as the operator of Hong Kong\u2019s most expensive serviced apartments.Agents say NWD plans to offer leases at its K11 Artus serviced apartment development, part of the US$2.6 billion Victoria Dockside project in Tsim Sha Tsui, for a third more\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\/172696"}],"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=172696"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172696\/revisions"}],"predecessor-version":[{"id":172697,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172696\/revisions\/172697"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}