Background
He was born in Guangzhou, mainland China.
冯景禧, 馮景禧
He was born in Guangzhou, mainland China.
He is one of the founders of Sun Hung Kai & Company 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. In 1938, he moved to Hong Kong to study while doing part-time job at the same time.
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. In 1963, the three businessmen further established Sun Hung Kai Group of Companies, which later developed into Sun Hung Kai Properties.
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.
The family has owned Canadian nationality till today. In 1969, Fung King Hey founded Sun Hung Kai Securities and Sun Hung Kai Financial. In 1978, Sun Hung Kai (China) Company, Limited was founded and was renamed Sun Hung Kai Bank Limited after obtaining the Hong Kong banking license issued by Hong Kong government in 1982.
Fung King Key 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 Fubon Bank (Hong Kong).
His businesses include Fairchild Media Group, et cetera Fung Wing Cheung, the second son of Fung King Hey, is the chairman of Yu Ming Investment Company