Adrian Cheng Chi-kong

Adrian Cheng Chi-kong is a Hong Kong tycoon and the former heir apparent to New World Development (NWD), a major property giant. He is currently newsworthy due to his increased focus on tech investments in mainland China, aligning with China's 15th five-year plan. Cheng plans to dedicate more time to the mainland and expand his investments in sectors like artificial intelligence and aerospace. This strategic shift reflects a broader trend of Hong Kong businesses aligning with mainland China's economic priorities. Furthermore, Cheng recently downplayed the potential impact of the escalating Middle East conflict on Hong Kong's economic fortunes, expressing confidence in the region's outlook. His views were shared during the "two sessions" in Beijing, highlighting his involvement in national-level discussions and his significance as a prominent figure in Hong Kong's business community.