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Jewelry Giant's Chairman Controls Real Estate Empire
14 Oct
Summary
- Chairman leads a major Hong Kong jeweler.
- Company achieved significant sales in the last fiscal year.
- He also heads a prominent real estate and infrastructure firm.
The chairman of Chow Tai Fook Jewellery, a prominent Hong Kong-based jeweler, also exerts considerable control over New World Development. This company is a significant player in real estate and infrastructure.
Chow Tai Fook Jewellery reported impressive sales figures, reaching HK$89.7 billion, equivalent to $11.5 billion, for the fiscal year concluding in March 2025.
This individual is the eldest son of the late billionaire Cheng Yu-tung, inheriting and expanding a considerable business legacy. His leadership spans both luxury goods and foundational development sectors.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
