Jiang Lili

Lily Chiang is a Hong Kong entrepreneur, the fourth daughter of Chiang Chen, founder of Chen Hsong Group, and the younger sister of legislator Priscilla Leung. She is a recipient of the Hong Kong Ten Outstanding Young Persons Award. She was the first female chairperson of the Hong Kong General Chamber of Commerce, former chairperson of the listed company Pacific Century Premium Developments, and a Central Committee member and Standing Committee member of the Hong Kong Liberal Party. She graduated from Sacred Heart Primary School, obtained a Bachelor's degree in Engineering from the University of Southern California, a Master's degree in Business Administration from the Chinese University of Hong Kong, and a Doctorate in Manufacturing Engineering from the Hong Kong Polytechnic University.

Fraud Conviction and Imprisonment

On 7 January 2008, Lily Chiang was arrested by the Hong Kong Independent Commission Against Corruption (ICAC) on suspicion of fraud. On 8 January, she appeared at the Eastern Magistrates' Court, accused of conspiring to defraud and making false written statements regarding the granting of stock options for the listed company Pacific Century Premium Developments. The charges included alleged deception of the Hong Kong Stock Exchange during the IPO of Morningside Group in 2001 and making false statements in the prospectus.

On 5 January 2010, she filed an appeal regarding which level of court should hear the fraud case, but Vice President of the Court of Appeal Stuart-Moore rejected the appeal, criticizing her for attempting to prolong the process to delay the trial, undermining and disrespecting the rule of law.

On 15 June 2011, she was found guilty of conspiracy to defraud by Judge Johnny Chan in the District Court and sentenced to three and a half years in prison.

On 17 April 2013, the Court of Appeal dismissed her appeal against the conviction.

Honors

• Honorary Fellow of Lingnan University (Hong Kong)
• 1999, Hong Kong Ten Outstanding Young Persons Award
• 2001, Outstanding Woman in Technology
• 2003, Future Chinese Economic Leader
• 2005, Most Creative Chinese Business Leader

Family

• Chiang Chen, Lily Chiang's father, renowned Hong Kong industrialist.
• Cheung Chun Fong, Lily Chiang's biological mother (deceased).
• Ma Wing Wah, Lily Chiang's stepmother, Chiang Chen's wife.
• Yu Zili, Lily Chiang's husband.
• Priscilla Leung, Lily Chiang's second sister, former member of the 6th Legislative Council of Hong Kong (Kowloon West), vice-chairperson of the Democratic Alliance for the Betterment and Progress of Hong Kong (DAB).
• Chiang Lai Ping, Lily Chiang's third sister.
• Chiang Lai Yuen, Lily Chiang's sixth sister, Chief Executive Officer of Chen Hsong Group.