Deng Chengbo
Tang Shing Bor (born 1934 – died May 14, 2021),[1] [2]known as "Uncle Bor", was a Hong Kong businessman renowned for investing heavily in retail properties. At his peak, he owned over 200 commercial and industrial properties in Hong Kong, earning the nickname "Shop King of Hong Kong".
Biography
Tang Shing Bor was born in Jiujiang, Nanhai, Guangdong. He was the founder of Success Group and Honorary Chairman of Stan Group. Uncle Bor had a sharp sense of market trends, excelling in observing economic environments and capturing policy shifts. He was known for his foresight in uncovering asset potential and increasing value through investment.
As of 2021, Tang's real estate portfolio under his group included nearly 200 projects, valued over HK$73 billion. His businesses covered real estate investment and management, hospitality and catering, financial services, elderly care, optometry, and retail. He was ranked 19th on Forbes' 2021 Hong Kong Rich List.
After stepping back from daily operations, Tang passed the business to his son, Tang Yiu Sing. Under Tang Yiu Sing, the Stan Group now manages about HK$55 billion in family real estate assets and has expanded into hotels, catering, elderly care, telecom technology, financial services, and venture investments. However, most of the startups invested in were unsuccessful.
Career Milestones
1980s – Founded Success Group 1982 – Established Success Motors 1991 – Acquired Noble Banquet Restaurant on Nathan Road, Mong Kok, and converted it into the themed Mongkok Computer Centre 1995 – Established Tang Sau Yuen Tong Charitable Foundation 2007 – Acquired Laser Appliances, later sold to Suning.com 2015 – Acquired eSun Holdings Limited (HKEX: 8031) 2016 – Acquired Tung Hoi Food Group 2019 – Acquired Pine Care Group (HKEX: 1989) 2020 – Acquired Super Star Seafood Restaurant Group
Philanthropy
In 1995, Tang founded the Tang Sau Yuen Tong Charitable Foundation, which over the years has supported services for the elderly, education, healthcare, and the underprivileged in Hong Kong. It also provided disaster relief and emergency assistance, benefiting many.
From 2020, during the COVID-19 pandemic, his son Tang Yiu Sing had bought many hotels intending to refurbish them into a hotel empire. The pandemic led to significant capital being tied up. Tang Shing Bor actively helped his son with business matters until his death on May 14, 2021.