Log inRequest access

People

Henry Cheng

Henry Cheng Kar-shun is chairman and an executive director of New World Development, the Hong Kong property group founded by his father, Cheng Yu-tung. Cheng joined the company in 1972 and became chairman in 2012. New World develops and invests in residential, office, retail, and mixed-use property in Hong Kong and mainland China; the wider Cheng family business group also includes jewelry and other interests. New World directors profile · New World 2024/25 annual report

Also known as: Cheng Kar-Shun, Henry

Updated

Cheng has led the group through a generational transition and a difficult balance-sheet restructuring. In 2025 and 2026, New World described a program to strengthen its financial position while continuing to deliver property and commercial projects. Its 2026 interim chairman’s statement highlighted residential projects in Hong Kong and Guangzhou, along with retail destinations such as K11 MUSEA, K11 Art Mall, and K11 ECOAST in Shenzhen. These are company-reported priorities and examples of the development platform Cheng chairs. New World 2026 interim chairman’s statement · New World corporate information

His current title is supported by recent company and exchange materials: the February 2026 interim report is signed by Cheng as chairman, and New World’s director materials identify him as chairman and executive director. This keeps his role distinct from his son Adrian Cheng, who held senior executive roles at the company but left its executive leadership in 2024. New World interim report, 27 February 2026 · New World directors profile

Related Pages

  • Investor People Hub
  • National Investor Benchmarks Hub
  • New World Development

Sources