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July 27, 2025
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Letters | As toys go viral, Hong Kong must grab a 300 billion yuan opportunity
  • Travel

Letters | As toys go viral, Hong Kong must grab a 300 billion yuan opportunity

Cs news3 months ago3 months ago03 mins

Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at [email protected] or filling in this Google form. Submissions should not exceed 400 words, and must include your full name and address, plus a phone number for verification The Chinese fan base…

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Hong Kong Property And Jewelry Magnate Navigates Perfect Storm
  • Hong Kong News

Hong Kong Property And Jewelry Magnate Navigates Perfect Storm

Cs news5 months ago06 mins

This story is part of Forbes’ coverage of Hong Kong’s Richest 2025. See the full list here. Hong Kong property and jewelry magnate Henry Cheng is in the eye of a perfect storm. Last June, his publicly traded property flagship, New World Development, reported an annual net loss of HK$19.7 billion ($2.5 billion), its highest…

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Hong Kong tycoon Cheng’s jeweler sees steep revenue fall amid slowdown (#1681885)
  • Hong Kong News

Hong Kong tycoon Cheng’s jeweler sees steep revenue fall amid slowdown (#1681885)

Cs news8 months ago04 mins

By Bloomberg Published November 26, 2024 China’s largest jewellery retailer Chow Tai Fook Jewellery Group Ltd. saw revenue plunge 20.4% in the half year ended September, the biggest drop for the period since 2016 as the world’s No. 2 economy slows and record high gold prices dent luxury spending. Gold bangles on display a Chow…

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Hong Kong Billionaire Cheng Family’s Scion Adrian Steps Down As CEO Of New World Development
  • Hong Kong News

Hong Kong Billionaire Cheng Family’s Scion Adrian Steps Down As CEO Of New World Development

Cs news10 months ago013 mins

Adrian Cheng steps down as CEO of New World Development on Thursday. Paul Yeung/Bloomberg Adrian Cheng, the third-generation scion of Hong Kong’s billionaire Cheng family, said on Thursday he had stepped down as CEO of the family’s flagship New World Development, after the property company recorded its first annual loss in two decades as it…

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