Hong Kong’s New World Development suspended trading of its shares on Thursday pending an announcement, after reports that CEO Adrian Cheng – the third-generation scion of the firm’s founding family – will be reassigned to a non-executive role.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
