| HANG LUNG Adriel Chan: CN Is Focus of Group's Development w/ Emphasis on High-end Retail |
|---|
Ronnie Chan ceased to be the Chairman today (26th), and was succeeded by his son, Adriel Chan, according to the announcements made by HANG LUNG GROUP (00010.HK) and HANG LUNG PPT (00101.HK).
There are opportunities in both Hong Kong and mainland China, Adriel Chan, who will soon take over as chairman, said. The Group will focus its development on mainland China, with an emphasis on the high-end retail sector.
Currently, 70% of the Group's assets are located in mainland China, and the Group believes that it will continue to grow in the future, and its management team will seize opportunities.
~
AAStocks Financial News
Web Site: www.aastocks.com | | AAFN |
|