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New World Department Store China Limited ( (HK:0825) ) has issued an update.
New World Department Store China Limited has announced the resignation of executive director and chief executive officer Ms. Xie Hui-fang, Mandy, effective 14 February 2026, as she steps down to devote more time to her personal endeavours and leaves her roles on the executive, nomination and remuneration committees. The board emphasized there is no disagreement with Ms. Xie and expressed gratitude for her contributions, while putting in place an interim leadership arrangement under which vice-chairman and executive director Ms. Huang Shaomei, Echo, will assume overall responsibility for the Group’s day-to-day management and strategic guidance from 14 January 2026 until a new chief executive officer is appointed, signaling a managed leadership transition aimed at maintaining operational continuity during the search for a permanent successor.
The most recent analyst rating on (HK:0825) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on New World Department Store China Limited stock, see the HK:0825 Stock Forecast page.
More about New World Department Store China Limited
New World Department Store China Limited operates a chain of department stores in Mainland China and Hong Kong, focusing on retail operations that target mass to mid- to high-end consumer segments through a broad mix of lifestyle, fashion, and household products.
Average Trading Volume: 352,746
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$472.1M
See more data about 0825 stock on TipRanks’ Stock Analysis page.