Adrian Cheng Chi-kong

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Hong Kong scion Adrian Cheng signs Dubai retail partnership with group headed by royal

Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD), has partnered with a Dubai…

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Hong Kong scion Adrian Cheng backs London-based multi-asset broker CBCX

Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD) and founder of investment firm…

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NWD reports losses for second straight year as CEO says debt reduction efforts yield results

New World Development (NWD), controlled by one of Hong Kong’s richest families, reported losses for the second consecutive year even…

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Adrian Cheng sharpens focus on ‘transformative industries’ under new firm ALMAD Group

Adrian Cheng Chi-kong has launched a new business focused on “transformative industries”, including culture and healthcare, nearly three months after…

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Adrian Cheng exits Chow Tai Fook director role, his last tie to Hong Kong family empire

Adrian Cheng Chi-kong is no longer a director of New World Development parent company Chow Tai Fook Enterprises (CTFE), cutting…

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Adrian Cheng invests in medical equipment firm in first bet after exit as New World CEO

Adrian Cheng Chi-kong, the former CEO of New World Development (NWD), bought HK$20 million (US$2.57 million) worth of convertible bonds…

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New World Development reports losses as debt ratio worsens amid property slump

New World Development (NWD), controlled by Hong Kong’s third-richest family, reported weaker interim results in its underlying property business, suggesting…

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Hong Kong developer’s default could send shock waves through property market: S&P

The default of a major Hong Kong property developer could send shock waves through the broader sector and scuttle a…

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K11’s Adrian Cheng resurfaces in French cultural exchange with President Emmanuel Macron

Adrian Cheng Chi-kong, the founder of the K11 Art Foundation (KAF) and former CEO of New World Development (NWD), recently…

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New World loses more market value as developer strives to contain debt crisis

New World Development (NWD) can’t seem to catch a break. Two rounds of top management shake-up to tackle its debt…

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