Summary: Adrian Cheng, third-generation heir of New World Development, has resigned from the company’s board to focus on public services and personal commitments. His departure comes after a challenging tenure as CEO, marked by increasing debt and a first annual loss in two decades for the developer.

Link: https://www.straitstimes.com/business/property/hong-kong-property-scion-adrian-cheng-resigns-from-new-world-board