389:. In 1965, Chinese banks in Hong Kong witnessed storm of bank run, and a great number of people emigrated following the Culture Revolution in mainland. But Feng King Hey reserved great confidence in Hong Kong. In cooperation with Kwok Tak Seng and Lee Shau Kee, he bought large area of lands and built 20 high-rises within three years. When the economy recovered, Sung Hung Kai made a huge fortune and the three partners were reputed as the
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408:. In 1978, Sun Hung Kai (China) Co., Ltd was founded and was renamed Sun Hung Kai Bank after obtaining the Hong Kong banking license issued by Hong Kong government in 1982. Fung worked as the chairman of the bank. He died in August 1985 at the age of 63. Sung Hung Kai Bank was merged in 1986 into today's
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province). In 1941, he once worked as apprentice in jewelry shop and finance clerk in commercial bank. Later he started a small company called Sun Hey, which sells rice, manages hotels and transporting agricultural products through waterway.
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and was reputed as "King of securities world" and "Godfather of the stock market". His business in Hong Kong included property development, stock-broking and banking. Fung also briefly migrated to Canada from 1967 to 1968.
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to develop property business in Hong Kong. In 1963, the three businessmen further established Sun Hung Kai Group of
Companies, which later developed into
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Tony Fung Wing-cheung, the second son of Fung, is the co-founder of Yu Ming
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to work in a dockyard, as well as worked as a money changer in Canton [
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In 1958, he founded
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of Canada. His businesses include
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333:(1922–1985), was a Hong Kong businessman. He was born in
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546:1985 deaths
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