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Adrian Cheng, former scion of Hong Kong’s NWD, expands K11 brand in Xiamen

South China Morning Post 05 October 2026 10h ago
Adrian Cheng, former scion of Hong Kong’s NWD, expands K11 brand in Xiamen
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Relevance
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Adrian Cheng Chi-kong, former heir apparent to Hong Kong’s New World Development (NWD), is expanding his K11 cultural retail business in mainland China, launching a venture of his own as his family’s property group grapples with heavy debt. Xiamen K11 Select, developed by Cheng’s K11 by AC Group along with state-owned Xiamen Rail Transit Group in the city in the southeastern province of Fujian, ha
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