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Hong Kong Property Mogul Ronnie Chan to Retire

Ronnie Chan Hong Kong RTHK

What’s new: Hong Kong real estate conglomerate Hang Lung Group Ltd. has announced that its chairman Ronnie Chan is retiring and handing over the reins to his eldest son.

The change will take effect April 26, when Adriel Chan, now the group’s vice chair, will also succeed his father as chairman of subsidiary Hang Lung Properties Ltd., according to a stock exchange filing on Tuesday.

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