Story perspectives

Adrian Cheng Launches ALMAD Group for Future Economy

9/21/2025

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Summary

Story summary

Adrian Cheng launched ALMAD Group on September 21, 2025, focusing on digital assets and emerging markets.
The firm targets mainland China, ASEAN countries, and the Middle East.
ALMAD Group plans to invest in industries such as entertainment, sports, media, healthcare, and cultural tourism.
Cheng aims to create a future economy with opportunities for the next generation.
He previously resigned as CEO of New World Development, which reported a $2.6 billion loss.

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Story summary

Adrian Cheng launched ALMAD Group on September 21, 2025, focusing on digital assets and emerging markets.
The firm targets mainland China, ASEAN countries, and the Middle East.
ALMAD Group plans to invest in industries such as entertainment, sports, media, healthcare, and cultural tourism.
Cheng aims to create a future economy with opportunities for the next generation.
He previously resigned as CEO of New World Development, which reported a $2.6 billion loss.