Cai Laixing
Cai Laixing (born April 1943) is an entrepreneur from Shanghai who later became active in Hong Kong.
Biography
Cai Laixing was born in Shanghai in April 1943. After graduating from Tongji University in Shanghai, he joined the Shanghai Municipal Government in the 1980s as Deputy Secretary‑General, responsible for planning, finance, and economic research. He also served as Deputy Director of the Shanghai Municipal Planning Commission, Deputy Director of the Pudong Development Office, and Director of the Municipal Government Research Office.
In 1995, Cai Laixing became Chairman of Shanghai Industrial Investment Group, a position he held until 2008. In 1996, he successfully spun off Shanghai Industrial Holdings (0363.HK) and listed it on the Main Board of the Hong Kong Stock Exchange.
He is also a member of the Chinese General Chamber of Commerce in Hong Kong and a member of the National Committee of the Chinese People’s Political Consultative Conference.