Adrian Cheng officially resigned as Non-Executive Director and Non-Executive Vice Chairman of NEW WORLD DEV (00017.HK) +0.010 (+0.118%) Short selling $66.29M; Ratio 9.568% on July 1, 2025, Ming Pao reported, citing information from the Companies Registry.On June 30, Cheng also stepped down as a director of Chow Tai Fook Enterprises, the controlling shareholder of NWD, and, together with his wife, Jennifer Yu, as a director of CTF Education. The couple has now completely relinquished all positions in Chow Tai Fook Enterprises and its listed subsidiaries.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-08 16:25.)Related NewsJPM: NEW WORLD DEV (00017.HK) Rated at Underweight w/ TP $3.7 on Low Likelihood of Cheng Family Capital Injection