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Inside the Succession Drama at a Hong Kong Property Dynasty | Big Take Asia 

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Adrian Cheng, the third-generation scion of property dynasty New World Development, seemed poised to take over his family’s $20 billion empire. But last month, in a surprising twist, he was replaced as CEO by someone outside of his family.
On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Shawna Kwan about the succession drama at New World, the possible ripple effects on other family dynasties in the region, and what it all could mean for the future of one of Hong Kong’s major property developers.
Read more: Further listening: $200 Billion, Four Heirs and One Might Indian Empire (podcasts.apple...)
Listen to more Big Take: Asia: • Big Take Asia
A deep dive into understanding Asia and how it impacts the global economy and world of business.
Each weekday, The Big Take brings you one story-one big, important story. Host Wes Kosova talks to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what’s happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology-we cover it all on The Big Take.
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9 окт 2024

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