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The Power List 2021-12-21T11:10:48+00:00

2020 Gafencu Power list 300


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Jessica Tan Sin-yin

Co-Chief Executive, and Executive Vice President, Ping An Group

An engineer by training, Singapore-born MIT-graduate Jessica Tan was a Global Partner at McKinsey & Company prior to joining Ping An Group. After a series of different roles, she is now the Co-Chief Executive and Executive Vice President of the insurance giant, bringing modern technology to the world of finance. Tan also holds directorship positions in a number of the group’s subsidiaries.

Photo of Ching-ho Tang

Ching-ho Tang

Chairman and Executive Director, Wang On Group

It’s a family affair at Wang On Group, with co-founders Tang Ching-ho and his wife, Yau Yuk-yin, occupying the chair and deputy-chair spots, and Tang’s brother and daughter also involved in a business that spans boutique property developments, wet markets and pharmaceuticals. The latter interest, Wai Yuen Tong Medicine, dates back to the late 19th century and includes the Madame Pearl’s brand. Community aware, Tang steers two cross-border associations.

Photo of Hamilton Tang

Hamilton Tang

Managing Director, CDIB Capital International

A recipient of a JD/MBA from Harvard Law School and Harvard Business School, Hamilton Tang completed stints as group CEO of Simon Murray & Co and as Managing Partner at SMC Capital China before joining CDIB Capital International as its Managing Director. A board member of the Hong Kong Arts Centre and the Financial Reporting Council, he also serves as an advisor to the Harvard Club of Hong Kong. He and wife Yolanda have two children.

Photo of Stan Tang

Stan Tang

Chairman, Stan Group

Bolstered by more than 15 years of property investment, asset management and operational expertise, Stan Tang has assumed the company mantle with the passing this year of his property tycoon father, Tang Shing-bor. As Chairman of Stan Group, he oversees a HK$75 billion real-estate portfolio in partnership with family members. He is also the Honorary Consul for Fiji in Hong Kong, and a Director of The Community Chest of Hong Kong.

Photo of Xiao’ou Tang

Xiao’ou Tang

Founder, SenseTime

In addition to being a Professor at the Chinese University of Hong Kong’s Department of Engineering, Tang Xiao’ou is the founder of SenseTime, currently the world’s most valuable artificial intelligence company, and the first AI-driven unicorn. At the end of 2020, the firm – which focuses on computer vision and deep learning – closed a pre-IPO round of funding that raised its valuation to roughly US$12 billion.

Photo of Tom Tang Chung-yen

Tom Tang Chung-yen

Former Director, TTM Technologies

Over 30 years ago, NYU alum Tom joined Meadville, the printed-circuit-board maker founded by his late father, industrialist Tang Hsiang-chien. Tang junior, then Executive Director, stayed with the company as a Director when it was sold to US firm TTM Technologies. The brother of Henry Tang, he also sat on a slew of political and trade committees including the Hong Kong Exporters’ Association, of which he was Honorary Chairman.

Photo of Paddy Tang Lui Wai-yu

Paddy Tang Lui Wai-yu

Executive Director, Galaxy Entertainment

Along with her brothers, Francis and Alexander Lui, Paddy Tang Lui oversees the family’s Macau casino interests at Galaxy Entertainment, as well as property group K. Wah International Holdings, whose portfolio includes J Residence and the InterContinental Grand Stanford hotel. The McGill University alumnus formerly worked as a chartered accountant in London. A patron of the arts, Tang Lui co-founded Opera Hong Kong in 2003.

Photo of Guoli Tian

Guoli Tian

Chairman and Executive Director, China Construction Bank

For Tian Guoli, moving in 2017 from the smaller Bank of China to China Construction Bank, the country’s second-largest money lender, was a smooth transition since the Hubei Institute of Finance and Economics graduate had started his career there in 1983. He has also enjoyed spells at CITIC Group and China Cinda Asset Management Corporation. The multi-tasker also chairs Sino-German Bausparkasse within the CCB group, and externally the China Banking Association and the Asian Financial Cooperation Association.

Photo of Huiyu Tian

Huiyu Tian

President and CEO, China Merchants Bank

Tian Huiyu has presided over Shenzhen-based China Merchants Bank since 2013; he was brought in at the mainland’s first commercial bank with multiple shareholders after boosting China Construction Bank’s retail business. The graduate of Shanghai University of Finance and Economics and Columbia University – where he gained a master’s degree in public administration – also influences Hong Kong banking as Chairman of CMB Wing Lung Bank.

Photo of Ivan Ting Tien-li

Ivan Ting Tien-li

Executive Director, Kader Industrial Company

When third-generation Kader Industrial toy-maker Ivan Ting joined the company in 1997, he was tasked with upgrading their train sets. Today he is Chairman of the Hong Kong Exporters’ Association and represents the company founded by his grandfather, Ting Hsiung-chao, on the Hong Kong Toys Council. Another family passion is wine, with Ting instrumental in the opening of K Cellars at the Kader headquarters in Kowloon Bay.

Photo of Rita Tong Liu

Rita Tong Liu

President, Gale Well Group Limited

Named as Hong Kong’s fourth richest woman in 2021, Rita Tong Liu began investing in property in the 1970s with a HK$1 million gift from her in-laws, of Liu Chong Hing Bank fame. Once dubbed the ‘queen of car parks’, she branched into commercial towers. The Gale Well Group matriarch now has an estimated net worth of US$3.25 billion. Her brothers, Jacinto and Luis Tong, help run the company.

Photo of Ricky Tsang Chi-ming

Ricky Tsang Chi-ming

Chairman and CEO, Goldlion Holdings Ltd

The youngest son of Goldlion founders Tsang Hin-chi and Wong Lei-kuan, Ricky Tsang assumed the chair of the apparel company in 2018 when his ailing father stepped down. He has been with Goldlion for 30 years, helping to fashion its growth from neckties to full menswear brand. An honorary citizen of Guangzhou and Meizhou, Tsang established Proactive Think Tank to facilitate links between the mainland and Hong Kong.

Photo of Eric Tse

Eric Tse

Executive Director, Sino Biopharmaceutical Ltd

The son of Sino Biopharmaceutical founders Tse Ping and Cheung Ling-cheung, Eric was gifted US$3.8 billion in shares – roughly 20% of the company’s value – as a graduating gift in 2019, instantly making the 24-year-old among the wealthiest individuals in Asia. The Wharton graduate was also made an Executive Director of the family firm, alongside his elder sister Theresa, who is its Chairwoman.

Photo of Nissim Tse

Nissim Tse

Chief Investment Officer, Hexa Asset Management

One of the city’s most experienced hedge-fund managers, Nissim Tse has been immersed in finance since his Canadian university days. He co-founded Pi Investment (since sold to RAB Capital), is an Asian advisor of Timbercreek Capital, and has worked at Pacific Group and Sofaer Global Research (Hong Kong) Limited. He is now the CIO of Hexa Asset Management. Tse’s interests outside the office are wide-ranging: he teaches shorinjiryu karate, enjoys cooking for friends, and is a keen boxer, golfer and amateur yogi.

Photo of Hoi-shan Tsoi

Hoi-shan Tsoi

Chairman, The United Laboratories International Holdings

Tongji Medical University alum Dr Tsoi heads HK-listed pharmaceutical firm United Laboratories. With plants in Yuen Long, Zhuhai and Inner Mongolia, it is one of China’s leading exporters of pharmaceutical primary raw materials, and produces scores of medicines for sale in the mainland and Hong Kong. His sister, Choy Siu-chit, is also with the company.

Photo of Chee-chen Tung

Chee-chen Tung

Monaco Honorary Consul, Hong Kong

The brother of Tung Chee-hwa, Hong Kong’s first Chief Executive, Tung Chee-chen helmed the family shipping giant Orient Overseas International Ltd, from 1996 until its acquisition by COSCO and Shanghai Port International Group in August 2018. Tung, who holds an honorary doctorate from the University of Liverpool (he also went to MIT) and a Gold Bauhinia Star, has long served Monaco as its Honorary Consul in Hong Kong.

Photo of Patty Tung Gaw

Patty Tung Gaw

Director, Fera International Corp

Former investment banker Patty Tung has roots in textile manufacturing. Her mother, Betty Tung, began a ski fashion line 40 years ago in a corner of her father’s skiwear factory. Now the Southern California-raised, Brown University alum assists her brother Eric, the brand’s President, with Fera, which has offices in LA and Hong Kong. She is married to financier Kenneth Gaw.

Photo of Alan Tung Lieh-sing

Alan Tung Lieh-sing

CFO, Orient Overseas (International) Limited

The son of former Hong Kong Chief Executive Tung Chee-hwa, Alan became Chief Financial Officer of his father’s shipping conglomerate, Orient Overseas (International), in 2016. In addition to overseeing the fiscal side of the company, he also sits on the board of the Hong Kong Maritime Museum and is an executive committee member of the International Association of Dry Cargo Shipowners. The Princeton grad was appointed a JP in 2017.

Photo of Gigi Tung Oi-lai

Gigi Tung Oi-lai

Founder, Bo Charity Foundation

Dedicated to helping the needy, Gigi Tung is the founder of Bo Charity Foundation, though perhaps she’s best known for leading its subsidiary, Food Angel, which recycles food waste to feed the city’s underprivileged. The organisation collects some five tonnes of food to prepare roughly 9,000 hot meals each day. The daughter of Hong Kong stock market legend David Tung Wai, she has two daughters of her own.

Photo of Leigh Tung-Chou

Leigh Tung-Chou

Director, Tung Foundation

The elder daughter of Tung Chee-chen, Leigh Tung-Chou pursues charity work with a deep and admirable passion. She is a member of the board of governors of the Hong Kong Adventist Hospital Foundation and Hong Kong Ballet, as well as a director of the Tung Foundation. Rather than going into the family shipping business, in her earlier years the Georgetown University graduate worked in fashion marketing with brands like Christian Dior and Fendi. She and husband Stanley Chou have three children.