Company Initiatives - New World Scion Adrian Cheng launches a firm to back digital assets and 'transformative industries' [1]

Company Initiatives - Adrian Cheng, from New World Scion, is launching a firm to back digital assets and transformative industries [1] Investment Focus - The firm will focus on digital assets and transformative industries [1]

Core Viewpoint - Adrian Cheng Chi-kong has launched ALMAD Group, focusing on transformative industries such as culture and healthcare, targeting markets in Southeast Asia, the Middle East, and mainland China [1][3][6] Group 1: Business Focus - ALMAD Group aims to break boundaries in digital and virtual assets while investing in transformative industries in emerging markets [1][3] - The group's operations extend beyond culture and healthcare to include entertainment, sports, media, commercial management, and cultural tourism [3] Group 2: Market Vision - Cheng emphasizes the importance of investing in industries that not only have strong commercial viability but also the potential to shape the global economy over the next 20 years [6] - The launch of ALMAD Group reflects a shift from traditional property development to a broader focus on arts, culture, technology, and environmental sustainability [5][6] Group 3: Leadership and Mission - Cheng's mission for ALMAD Group is to build what the next generation needs and to shape a future economy filled with possibilities [4] - The establishment of ALMAD Group follows Cheng's resignation from New World Development, where he previously served as executive vice-chairman and CEO [6]