Inside the Succession Drama at a Hong Kong Property Dynasty
Big Take
Leadership Shift in Hong Kong's Property Sector
This chapter explores the resignation of Adrian Cheng and the appointment of Eric Ma Xiu-Chung as the first CEO from outside the Cheng family in New World Holdings, marking a pivotal change in the leadership landscape. It also examines the challenges faced by the property sector amidst market decline and the innovative approaches being adopted by some developers to redefine the industry.
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