New World scion Adrian Cheng resigns from family investing firm
Former New World CEO’s departure marks the final chapter in his withdrawal from Hong Kong’s struggling property dynasty.
Adrian Cheng has resigned as a director of Chow Tai Fook Enterprises, marking a further step back from the Cheng family empire. His exit follows his departure from key roles at K11 Group and New World Development, as the conglomerate contends with debt and leadership restructuring. Image: Bloomberg News
Adrian Cheng has resigned as a director of Chow Tai Fook Enterprises, marking a further step back from the Cheng family empire. His exit follows his departure from key roles at K11 Group and New World Development, as the conglomerate contends with debt and leadership restructuring. Image: Bloomberg News