Inside the Succession Drama at a Hong Kong Property Dynasty
Big Take Asia
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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