New World Development (HK:0017) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
New World Development Company Limited has announced significant changes to its leadership team, including the resignation of Dr. Cheng Chi-Kong, Adrian as CEO to focus on public service and personal commitments, transitioning to a non-executive role. Mr. Ma Siu-Cheung steps in as the new CEO and chair of the Sustainability Committee. Trading of the company’s shares and bonds, which was halted for the announcement, will resume following these leadership adjustments.
For further insights into HK:0017 stock, check out TipRanks’ Stock Analysis page.