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Hong Kong's New World Development shares surge 23% after CEO resigns

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Summary
Nutrition label

88% Informative

Shares of Hong Kong's major developer, New World Development surged as high as 23% after trading resumed.

The company halted trading on Thursday following the resignation of Adrian Cheng , a member of the founding family.

Chief Operating Officer Eric Ma Siu-Cheung has been appointed as the new CEO, the company announced.

VR Score

93

Informative language

95

Neutral language

57

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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