The former New World Development CEO is on a mission to break new ground in culture, healthcare and digital assets

“We are living in an era of profound change in the global economy, where new frontiers are emerging at an unprecedented pace,” the 45-year-old entrepreneur said in the statement.

Apart from culture and healthcare, Hong Kong-based ALMAD’s operations also cover entertainment, sports, media, commercial management and cultural tourism.

“Our mission is clear: to build what the next generation needs and to shape a future economy filled with possibilities,” Cheng, the former executive vice-chairman and CEO at NWD, said.

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