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NWD Reportedly Mulling to Replace Adrian Cheng; Brian Cheng: Everything Will Be Unveiled in 24 Hrs
NEW WORLD DEV (00017.HK) is internally considering replacing Adrian Cheng, the third-generation scion of the Cheng family, with Ma Siu-Cheung, the group's executive director an...
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NWD Reportedly Mulling to Replace Adrian Cheng; Brian Cheng: Everything Will Be Unveiled in 24 Hrs
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NEW WORLD DEV (00017.HK)  +0.040 (+0.959%)    Short selling $35.78M; Ratio 38.438%   is internally considering replacing Adrian Cheng, the third-generation scion of the Cheng family, with Ma Siu-Cheung, the group's executive director and COO, as CEO, Bloomberg quoted people familiar with the matter as saying.

When asked about the topic, Brian Cheng, the younger brother of Adrian Cheng and the co-CEO of NWS HOLDINGS (00659.HK)  -0.010 (-0.137%)    Short selling $321.83K; Ratio 32.370%   , said that the issue is rather sensitive and that everything will be unveiled in 24 hours.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-27 12:25.)

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