Chow Tai Fook Enterprises

New Business

Rosewood presses ahead with global expansion after sources say hotel brand is not for sale

Rosewood Hotel Group said on Friday it was pushing ahead with its global expansion, announcing new openings including its first…

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New Business

Exclusive | Rosewood hotel brand of Hong Kong’s Chow Tai Fook is not for sale, sources say

Hong Kong-based Chow Tai Fook Enterprises (CTFE), the private investment holding company of the Cheng family and the parent firm…

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New Business

Chow Tai Fook sells Australian energy assets to Singapore group for US$4.3 billion

Chow Tai Fook Enterprises (CTFE), the parent company of embattled Hong Kong developer New World Development (NWD), is selling Australian…

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New Business

Li Auto CEO tops Hong Kong’s highest-paid directors list for 2024: Webb-site

Chinese electric-vehicle maker Li Auto’s founder and CEO Li Xiang topped Hong Kong’s paid director ranking for 2024 with a…

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New Business

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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New Business

New World Development plans sweetening of terms on two loans that it is seeking

New World Development plans to sweeten the terms of two loans it is seeking, using a prized asset that it…

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New Business

Hong Kong developer NWD’s shares slump amid slow progress on cutting debt

New World Development (NWD) shares are down nearly 30 per cent since a new CEO was appointed in November and…

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New Business

New World Development names Huang Shaomei CEO as Eric Ma steps down after 2 months

New World Development (NWD)’s CEO Eric Ma Siu-cheung has stepped down barely two months after assuming the top job, leaving…

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