Tony Fung's life

1973 joined his father's Sun Hung Kai Securities, and his eldest brother Feng Guojing was not interested in taking over the financial business. 1In August 1985, his father Feng Jingxi died of a sudden cerebral hemorrhage on the cruise, and Tony Fung took over as the chairman of Sun Hung Kai Securities. 1989, Sun Hung Kai Industrial was established and listed the following year.

1On March 23, 1986, Bassina Company was established with the Li family, and it was proposed to acquire the equity of Chinese real estate in full at the price of 16 yuan per share. Later, Liu Luanxiong joined the takeover battle, and finally Liu Luanxiong successfully acquired the equity of China Real Estate.

1996, sold 33% equity of Sun Hung Kai Securities founded by his father to United Real Estate, only repurchased the equity of Sun Hung Kai Industrial as the chairman, and cooperated with partner Feng to reorganize Sun Hung Kai Industrial and changed its name to investment.

In 2002, Yu Ming proposed to buy a number of listed companies with large assets or cash at a price of 10 cents per share, among which China Automobile with 4 billion assets was the most eye-catching, but in the end, many acquisitions were unsuccessful.

In 2007, Tony Fung purchased Hong Kong-owned real estate from Yu Ming, and resigned as the chairman of Yu Ming in May 2008. In the same year, he became a shareholder of Greater China Technology, a GEM company. In July 2009, it acquired 66.58% equity of Joy Air Conditioning, which manufactures energy-saving equipment, and changed its name to Great China Technology Joy Energy Saving. . 20 10 September, China "Prince of gymnastics" Li Ning injected the shares of its listed company Li Ning Group into Kuaiyi Energy Saving, which made Kuaiyi's share price soar by 10 times. 2010165438+1October 24th, Kuaiyi Energy Saving was renamed as Fan Fei China Holdings Limited. . 2010165438+1October 24th, Kuaiyi Energy Saving was renamed as Fan Fei China Holdings Limited.

In 2007, he was awarded an honorary academician by the Chinese University of Hong Kong.

In 20 13, Tony Fung bought the Great Barrier Reef Casino Trust in full for 154 billion yuan, and the Great Barrier Reef Casino Trust owns the Reef Hotel Casino in Cairns, northern Queensland, Australia.