5min chapter

Big Take Asia cover image

Inside the Succession Drama at a Hong Kong Property Dynasty

Big Take Asia

CHAPTER

Leadership Shift at Hong Kong's New World: A Family Dynasty's Transformation

This chapter delves into the surprising resignation of Adrian Cheng as CEO of New World, a key player in Hong Kong's property market, and the implications of Eric Ma, a non-family member, stepping into leadership. It examines the evolving dynamics of family-run businesses and Cheng's innovative vision for integrating art into real estate development amid market challenges.

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