Feng Guojing

Adapted from Wikipedia, available under CC BY-SA 4.0Updated 8 July 20257 sources

Victor Fung Kwok King, born in Hong Kong with family roots in Heshan, Guangdong, is a businessman holding American nationality. He is Honorary Chairman of the Li & Fung Group, former Chairman of the Hong Kong Airport Authority (1999–2008), Chairman of the University of Hong Kong Council (2001–2009), and Chairman of the Greater Pearl River Delta Business Council (since 2004).^[1]

Victor Fung also serves as Chairman of the Hong Kong–Japan Business Cooperation Committee, Co-chair of the Swiss-based Time Foundation, and was Vice Chairman of the International Chamber of Commerce from 2007 to 2008. He served as Chairman of the Hong Kong Trade Development Council from 1991 to 2000.

Background

Victor Fung is the eldest son of Fung Hon-chu,^[2] and his mother Lee Pui-iu was an officer of the Western District Women’s Welfare Association.^[2] He is a third-generation member of the Fung family of the Li & Fung Group. He attended Ling Fung School’s primary division in Happy Valley^[3] (entered Primary 1 in 1951^[4]) and graduated from King George V School in 1962.^[2] That year, he passed the University of London matriculation exam with distinction in 6 of 9 subjects.^[2] He went on to study at the Massachusetts Institute of Technology, earning a bachelor's in industrial management, followed by a master’s in electrical engineering in 1966.^[5] In 1970, he obtained a PhD in Business Economics from Harvard University and became a professor there. He returned to Hong Kong in 1974 to join the family-owned Li & Fung Group. He is now Chairman of the Fung Group. Victor Fung and his brother William Fung jointly hold 70% of Li & Fung's shares.

In 1997 and afterward, he was considered a strong candidate for Chief Executive of the Hong Kong SAR, but he declined to run. He is a close friend of former Chief Executive Tung Chee-hwa. In 2008, during the global financial crisis, he was appointed by the Hong Kong government as a member of the “Task Force on Economic Challenges” to assess the impact and propose countermeasures.^[6] Shortly afterward, his company Li & Fung was criticized for leading layoffs, drawing public backlash.^[7]

Personal Life

Victor Fung is married. In 1968, he became engaged to Shum Noi-ki, daughter of businessman Shum Ka-kam, and married in 1969. The couple has two sons and one daughter.

Public Service

2013: Member, Economic Development Commission
Member, National Committee of the Chinese People’s Political Consultative Conference (10th and 11th terms)
Member, Strategy Development Commission, Hong Kong Government
Member, Informal Business Advisory Group to the World Trade Organization
Hong Kong Representative, APEC Business Advisory Council (1996–2003)
Member, Judicial Officers Recommendation Commission (?–2006)

Honours

Gold Bauhinia Star (2003)
Grand Bauhinia Medal (2010)

References

External Links

[wenweipo-1] Victor Fung Advocates Using Pearl River Delta as Domestic Sales Platform Wen Wei Po, 2004-05-11

[VictorGoesToUS-2] 2.0 ^2.1 ^2.2 ^2.3 https://zh.wikipedia.org/wiki/%E9%A6%AE%E5%9C%8B%E7%B6%93#cite_ref-%E9%A6%99%E6%B8%AF%E4%BA%BA%E5%90%8D%E9%8C%84_1-0

[3] ttps://zh.wikipedia.org/wiki/%E9%A6%AE%E5%9C%8B%E7%B6%93#cite_ref-wenweipo_3-0

[LingFungResults-4] ttps://zh.wikipedia.org/wiki/%E9%A6%AE%E5%9C%8B%E7%B6%93#cite_ref-%E9%A6%AE%E6%BC%A2%E6%9F%B1%E9%95%B7%E5%85%AC%E5%AD%90_%E5%9C%8B%E7%B6%93%E9%A3%9B%E7%BE%8E%E6%B7%B1%E9%80%A0_4-0

[5] ttps://zh.wikipedia.org/wiki/%E9%A6%AE%E5%9C%8B%E7%B6%93#cite_ref-5

[6] First Meeting of the Economic Opportunities Task Force

[7] ttps://zh.wikipedia.org/wiki/%E9%A6%AE%E5%9C%8B%E7%B6%93#cite_ref-7

[1]

[2]

[3]

[4]

[5]

[6]

[7]