Adrian Cheng, member of one of Asia's richest families, resigns as New World CEO after the Hong Kong developer posts $2.2 billion lossAdrian Cheng's resignation as CEO signals deepening financial troubles for New World Development amid record losses and concerns over leadership succession.
It's a great time to buy a Hong Kong mansion from the cash-strapped eliteSome distressed, wealthy homeowners in Hong Kong are selling their exorbitant homes at a discount.