Chen Chonghui
陳崇輝 (Frank Chan Shung Fai), Hong Kong businessman, former advisor to the Central Policy Unit, former ex officio member of the North District Council.
Personal Life
Birth
Descendant of Chinese emigrants in Thailand, born in Ta Kwu Ling, North District, New Territories.[1] He studied in the United Kingdom in his early years. After graduation, he worked at several investment banks. In 2004, he invested in real estate and funds, and at the same time successfully established the Sanwo Group in the City of Westminster, London, developing mathematical theories and programmes to reform risk management techniques, widely applied in finance and the gaming industry. In 2011, China Sports Lottery further adopted his risk management programmes to reform lottery odds and risk management, and later became the world’s largest multiplier risk management company. The development story was described over four pages in the American financial magazine Bloomberg Pursuits.[2]
Education
- Victoria University of Manchester, United Kingdom — Bachelor of Science in Technology and Science
- University of Bristol, United Kingdom — Master of Business Administration in International Business
- École Nationale des Ponts et Chaussées (ENPC), France — Master in International Business
- London School of Economics and Political Science, United Kingdom — (attendance)
Professional Qualifications
Securities and Futures Commission certificates: Institutional Financing Advisory; Securities Dealing; Securities Investment
Public Service
- Former part‑time advisor, Central Policy Unit
- Ex officio member, North District Council of the Hong Kong Special Administrative Region Government (2007–2019)
Political Career
Elected ex officio member of the North District Council of Hong Kong in 2007, 2011, and 2015.
Family
- In April 2013, Chan Shung Fai married Dong Zhe, daughter of National Committee member Dong Li‑xiang and [3]granddaughter of the late People’s Liberation Army General Dong Qi‑wu.
- Dong Qi‑wu was founding General of the People’s Liberation Army, Commander of the 69th Army, Chairman of the Suiyuan Provincial Government in 1949, Vice‑Chairman of the 5th and 6th National Committee of the Chinese People’s Political Consultative Conference, and Commander of the 23rd Corps (main force in the Korean War).
- Lhamo Thondup, the 10th Panchen Lama, was married to Li Jie, granddaughter of Dong Qi‑wu.
- Guo Jizhao provided refuge and gave his daughter in marriage to Dong Qi‑wu’s son; another daughter of Guo Jizhao married Hao Bocun, making the Guo and Dong families relatives by marriage.
Owned Racehorses
Chan Shung Fai is a member of the Hong Kong Jockey Club. His horses include Sanwo Fortune (in partnership with Wong Wai‑shing and Ko Po‑ming) and Super Good Days (owned jointly with Lau Yip‑keung, Tam Bing‑chi, Wong Wai‑shing, and Ko Po‑ming as the “Baccarat Syndicate”).