Latest news with #LeeShau-kee
South China Morning Post
04-05-2025
- Business
- South China Morning Post
Lee Shau-kee's lasting impact revealed to new eyes at Hong Kong exhibition
Lars Junker, a German who has lived in Hong Kong for almost two decades, only learned more about who late tycoon Lee Shau-kee was on Sunday during an exhibition. Advertisement The product designer, in his 40s, was among more than 11,000 visitors who had registered for or attended the five-day commemorative show held by Henderson Land Development for its founder, who died in March. The exhibition took place at The Henderson, the group's new commercial building in Central. 'He seemed to be a nice dude,' Junker told the Post. 'I don't know much about him, so that is actually why I'm here.' Known affectionately as 'Uncle Four', Lee died in March at the age of 97 after chairing the conglomerate from 1976 to 2019. He was Hong Kong's second richest man and dubbed Asia's god of stock trading and a patriotic philanthropist. Pavel Pevzner, 69, said that he 'just learned' about Lee Shau-kee's past achievements and philanthropy through the exhibition. He expressed his love for Hong Kong and attraction to the city's historic figures. Advertisement 'I gave a talk at Hong Kong Baptist University, and then … enjoyed the architecture of Hong Kong. And this is the most beautiful building,' he said. 'I've been [to Hong Kong] many times, at least four times.'
Washington Post
28-04-2025
- Business
- Washington Post
Hong Kong's business, political elite turn out for funeral of property tycoon Lee Shau-kee
HONG KONG — Prominent Hong Kong political and business leaders paid tribute Monday to the city's late billionaire property tycoon Lee Shau-kee, who led one of the biggest real estate empires in the former British territory. Lee, who died at age 97 on March 17, was once ranked as the richest man in Asia. In Forbes' February ranking, he was listed as the city's second-richest person with $29.2 billion in assets.
Hamilton Spectator
28-04-2025
- Business
- Hamilton Spectator
Hong Kong's business, political elite turn out for funeral of property tycoon Lee Shau-kee
HONG KONG (AP) — Prominent Hong Kong political and business leaders paid tribute Monday to the city's late billionaire property tycoon Lee Shau-kee, who led one of the biggest real estate empires in the former British territory. Lee, who died at age 97 on March 17, was once ranked as the richest man in Asia. In Forbes' February ranking, he was listed as the city's second-richest person with $29.2 billion in assets. Lee founded Henderson Land Development Co. Ltd. in 1976, and his empire helped shape the Asian financial hub's skyline. The company's portfolio includes landmarks such as the International Finance Centre complex and ifc mall in Central, a vibrant commercial district. His business interests also expanded into other sectors such as hotels, utilities and ferries in the city. Nicknamed 'Uncle Four,' Lee was ranked the richest person in Asia and the world's fourth-wealthiest person by Forbes in 1996. He was Henderson Land's chairman and managing director before stepping down from the position in 2019. He was succeeded by his sons, Peter Lee and Martin Lee, the company's co-chairpersons. Like other tycoons, who rose in the city's postwar economic boom and then thrived as mainland China abandoned orthodox Marxism, Lee met with former top Chinese leaders, including Deng Xiaoping and Jiang Zemin. In 2007, a decade after the end of British colonial rule, the Hong Kong government awarded him the Grand Bauhinia Medal in recognition of his outstanding contributions to education and community service. According to Henderson Land, committee members overseeing his funeral included Hong Kong's leading official, John Lee, former city leaders Tung Chee-hwa and Leung Chun-ying , and Zheng Yanxiong, director of Beijing's liaison office in Hong Kong. Other business and political heavyweights were also part of the committee. On Sunday, Zheng, Lee and other former and current government officials, as well as Richard Li, the younger son of Hong Kong's richest person Li Ka-shing, and property tycoons Thomas Kwok and Raymond Kwok, paid their respects to Lee during a vigil. Buddhist rites were performed during the service on Monday. His body will be transported to his ancestral homeland in Shunde district, Guangdong province, the coastal region in southern China across from Hong Kong where Lee, like so many top Hong Kong business leaders, was born. He moved to the city in 1948, one year before the communists swept to power in mainland China, targeting land owners as they went, and became a key player in the city's real estate industry. Known as Hong Kong's 'Warren Buffett' for his investment acumen, he was also a leading philanthropist who contributed significantly to the development of both Hong Kong and mainland China.
Toronto Star
28-04-2025
- Business
- Toronto Star
Hong Kong's business, political elite turn out for funeral of property tycoon Lee Shau-kee
HONG KONG (AP) — Prominent Hong Kong political and business leaders paid tribute Monday to the city's late billionaire property tycoon Lee Shau-kee, who led one of the biggest real estate empires in the former British territory. Lee, who died at age 97 on March 17, was once ranked as the richest man in Asia. In Forbes' February ranking, he was listed as the city's second-richest person with $29.2 billion in assets.
Toronto Star
28-04-2025
- Business
- Toronto Star
Hong Kong's business, political elite turn out for funeral of property Lee Shau-kee
HONG KONG (AP) — Prominent Hong Kong political and business leaders paid tribute Monday to the city's late billionaire property tycoon Lee Shau-kee, who led one of the biggest real estate empires in the former British territory. Lee, who died at age 97 on March 17, was once ranked as the richest man in Asia. In Forbes' February ranking, he was listed as the city's second-richest person with $29.2 billion in assets.
