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Chinese Property Giant Mulls Replacing Billionaire Heir as CEO
Posted
September 26, 2024
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September 26, 2024
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2:45Now PlayingNew World Development suspended trading in Hong Kong after Bloomberg reported that the firm is considering replacing third-generation scion Adrian Cheng as CEO. The development comes after write downs that led to the developer's first annual loss in two decades. Bloomberg's Conglomerates and Media Reporter Shirley Zhao discusses the details with Yvonne Man on "Bloomberg: The China Show."
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