Guo Yingcheng
Kwok Ying-shing, originally from Puning, Guangdong, is a Hong Kong entrepreneur and founder of **Kaisa Group**.
Biography
Kwok currently focuses on real estate investments in cities such as Shenzhen, Changsha, and Chongqing in China, with over 60 development projects. He holds an EMBA degree from Tongji University and has previously served as a visiting professor at the School of Architecture and Urban Planning of Shenzhen University, Chief President of the Hong Kong Chiu Chow Chamber of Commerce, and Executive Vice President of the Shenzhen Overseas Chinese Business International Federation. He resigned as Chairman of the Board of Kaisa Group at the end of 2014.[1]
On April 13, 2015, he resumed the position of Chairman of the Board of Kaisa Group.
Since June 2021, Kwok has served as Chairman of the Board of **Sing Tao News Corporation**.[2]
In late October 2021, a wealth management product issued by Kaisa Group’s affiliate "Jinheng Wealth" and guaranteed by the group failed to meet repayment obligations. On November 4, investors flocked to Kaisa’s Shenzhen headquarters seeking a repayment plan, involving nearly a thousand people. On November 5, Kaisa Group announced trading suspension on the Hong Kong Stock Exchange before market open, along with its affiliates Kaisa Capital, Kaisa Prosperity, and Kaisa Health. However, the announcement did not explain the reason for the suspension.
On November 9, 2021, Reuters reported that during a forum attended by a State Council think tank, banks, and real estate companies, Kaisa stated that it needed help and required funds to pay investors, workers, and suppliers.
Family
Kwok Ying-shing is the father of **Kwok Hiu-chuen**, a major shareholder of the Hong Kong-listed company Convoy Global Holdings.[3][4][5]
His daughters **Kwok Hiu-ting** and **Kwok Hiu-yan** are major shareholders of the Hong Kong-listed media company **Sing Tao News Corporation** and **Kaisa Capital Investment**, respectively.[6] Kwok Hiu-ting also serves as Vice Chairwoman of the Board of **Kaisa Prosperity**.[7][8]
References
- ↑ https://zh.wikipedia.org/wiki/%E9%83%AD%E8%8B%B1%E6%88%90#cite_ref-1
- ↑ https://zh.wikipedia.org/wiki/%E9%83%AD%E8%8B%B1%E6%88%90#cite_ref-2
- ↑ https://zh.wikipedia.org/wiki/%E9%83%AD%E8%8B%B1%E6%88%90#cite_ref-3
- ↑ https://zh.wikipedia.org/wiki/%E9%83%AD%E8%8B%B1%E6%88%90#cite_ref-4
- ↑ https://zh.wikipedia.org/wiki/%E9%83%AD%E8%8B%B1%E6%88%90#cite_ref-5
- ↑ https://zh.wikipedia.org/wiki/%E9%83%AD%E8%8B%B1%E6%88%90#cite_ref-6
- ↑ https://zh.wikipedia.org/wiki/%E9%83%AD%E8%8B%B1%E6%88%90#cite_ref-7
- ↑ https://zh.wikipedia.org/wiki/%E9%83%AD%E8%8B%B1%E6%88%90#cite_ref-8