HOW ADRIAN CHENG IS REJUVENATING A 50-YEAR-OLD BUSINESS BY TARGETING CHINA’S MILLENNIALS
July 22, 2020

When Adrian Cheng looks across Hong Kong’s harbor from Tsim Sha Tsui, he sees his family’s legacy writ large across the city’s skyline. There, from a balcony atop the new luxury apartment building of his Victoria Dockside development, he can view the Hong Kong Convention and Exhibition Centre on the opposite side of the harbor.

With its curved glass and massive sloping roof, the convention center is said to resemble a bird taking flight. His grandfather Cheng Yu-tung, founder of the family’s flagship property firm New World Development, came up with the ambitious plan for the building, which included a manmade island, back in the early 1980s when the market was in a slump and other developers had no interest. Undeterred, Yu-tung turned the convention center into a Hong Kong icon, showcasing New World’s capabilities. Yu-tung reportedly once said the convention center was one of the two projects of which he was most proud.

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SOURCE: https://www.forbes.com/sites/robertolsen/2020/02/05/how-adrian-cheng-is-rejuvenating-a-50-year-old-business-by-targeting-chinas-millennials/#5395a4974f52