New World Development , one of the biggest property developers in Hong Kong, reported an interim net loss of HK$6.63 billion ($852.45 million) on Friday, following a prolonged property downturn and ...

They also want an update from new CEO Echo Huang on the firm's progress in its plans for deleveraging, debt repayment and asset disposal. New World has undergone two CEO changes in two months, with ...

Echo Huang, who took over as CEO in November, set out key measures to improve the company’s cash flow in a media briefing on Friday, including plans to offload non-core assets, cut costs and ...

Hong Kong property developer New World Development said on Friday that Eric Ma will step down as chief executive officer after having spent just two months on the job. The sprawling business ...

Investors are keen for an update from new CEO Echo Huang on the company's progress in its plans for deleveraging, debt repayment and asset disposal. New World has undergone two CEO changes in two ...

Henry Cheng, chairman of New World Development and Chow Tai Fook Jewellery, saw his fortune drop $2.6 billion.

Chairman Henry Cheng Kar-shun picked Echo Huang Shaomei as the new group CEO on November 29, replacing Eric Ma Siu-cheung, who held the top post for barely two months. He had replaced Adrian Cheng ...

CEO Echo Huang, who has led the company since November, said she would increase cashflow and cut debt by accelerating asset sales and lowering capital expenditure. Financial markets are watching ...