Big Take Inside the Succession Drama at a Hong Kong Property Dynasty
Oct 8, 2024
Shawna Kwan, a Bloomberg reporter specializing in the Hong Kong property sector, dives into the seismic shifts at New World Development. She discusses Adrian Cheng’s surprising ousting as CEO and the implications of appointing Eric Ma Xiu-Chung, a non-family member, to lead the company. Kwan explores the financial pressures facing the property dynasty amid rising interest rates and high debt. The conversation also touches on how these leadership changes might influence succession strategies in family-owned businesses across the region.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Intro
00:00 • 2min
Leadership Crisis in a Major Hong Kong Property Developer
01:49 • 2min
Leadership Shift in Hong Kong's Property Sector
03:39 • 6min
Dynasty Under Pressure
09:44 • 5min
Navigating Leadership Changes in a Family Conglomerate
15:00 • 2min
Rethinking Family Succession in Business Management
17:00 • 3min