In the rarefied world of the Cheng family, one of the wealthiest clans in Hong Kong, staff spoke of the unwritten rule: Never say no to the boss. So lieutenants were hesitant to disagree when the ...
Sept 1 (Reuters) - Hong Kong property developer New World Development (0017.HK), opens new tab confirmed on Monday it is in discussions about a loan facility led by Deutsche Bank AG (DBKGn.DE), opens ...
New World Development Co. is seeking to sell its flagship 11 Skies airport mall in Hong Kong to address liquidity constraints, according to people familiar with the matter. The company has held ...
VnExpress International on MSN
From prosperity to debt: How New World Development, led by Hong Kong’s billionaire Cheng family, became warning tale of succession
New World Development, built by the Chengs – one of Hong Kong’s “big four” property dynasties, is now struggling with debt ...
MANCHESTER UNITED and Liverpool legends sides are set to do battle at a £3billion sports complex in Hong Kong this Saturday.
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