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The company is expected to issue a statement as early as Friday afternoon about Ma’s departure, according to a source familiar with the matter. In September, NWD’s former CEO Adrian Cheng Chi-hong surprised the market by stepping down after the developer reported a full-year loss of HK$19.7 billion (US$2.53 billion), its largest ever. The Cheng […]
The “results-oriented” government Chief Executive John Lee Ka-chiu has vowed to run seems to be having a few hiccups. Six key performance indicators (KPIs) could not be ticked off the list in time for Lee’s third policy address last week. While the six tasks span various departments and Lee explained that the delays were due […]