Zhi Tong Cai Jing·2026-01-19 06:31Core Viewpoint - New World Group's stock prices have surged significantly following recent management changes, indicating positive market sentiment towards the company's strategic direction and leadership [1] Group 1: Stock Performance - New World Department Store China (00825) saw its stock price increase by over 30%, reaching a high of 0.395 HKD, while New World Development (00017) rose by over 20%, trading at 11.32 HKD [1] - As of the latest update, New World Department Store China is up 29.51% and New World Development is up 18.91% [1] Group 2: Management Changes - Recent personnel changes include the appointment of Zheng Jiachun as Chairman and Huang Shaomei as Vice Chairman of New World Department Store China [1] - The previous CEO, Xie Huifang, has resigned, and Huang Shaomei will oversee daily management and operations until a new CEO is appointed [1] Group 3: Strategic Vision - Zheng Jiachun articulated the investment philosophy of the parent company, Chow Tai Fook Enterprises, emphasizing the pursuit of "win-win" transactions and the importance of investing correctly [1] - He highlighted the need to adapt to market changes and capitalize on opportunities, expressing trust in the professional teams of invested companies to foster and accumulate value for stable and sustainable growth [1]