Hong Kong's New World Development to consider replacing CEO, Bloomberg News reports

Reuters

2024/09/25

Sept 25 (Reuters) - Hong Kong property developer New World Development is considering replacing billionaire heir Adrian Cheng as its chief executive officer after writedowns that led to the company's first annual loss in two decades, Bloomberg News reported on Wednesday.

(Reporting by Shivangi Lahiri in Bengaluru)

((Shivangi.Lahiri@thomsonreuters.com;))

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