Airport Authority Hong Kong is in talks with New World Development (NWD) to get a massive commercial property project at the heart of Hong Kong’s international airport back on track, according to several sources familiar with the matter. The authority is considering the option of seeking a new partner to undertake and complete the work…
This spring, In the Mood for Love is once again flickering on cinema screens in Hong Kong. More than two decades on, Wong Kar-wai’s film has lost none of its glow. A meditation on time, restraint and unspoken desire, it quietly signals that Hong Kong once moved to a different rhythm. It is tempting to…
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…