Liang Ping (real estate developer)
Leung Ping, is a member of the Maoming Municipal Committee of the Chinese People's Political Consultative Conference (CPPCC). In 1981, he moved from Maoming to Hong Kong. In the mid-1980s, he began acquiring old-style tenement buildings (tong lau) in Sham Shui Po and converted the units into subdivided flats (cubicle apartments) for rent, earning his first fortune and gaining the nickname "King of Subdivided Units".
Years later, the Hong Kong government acquired many of his properties, resulting in significant profits for Leung. He subsequently shifted his focus to real estate development in mainland China, where his investments reached billions of Hong Kong dollars. [1]
In 2011, Leung Ping was exposed by Hong Kong media for being involved in a voter rigging scandal related to the District Council elections.
Family
Leung Ping's daughter is Hong Kong singer Leung Yau Ka.
References
See Also
- 2011 Hong Kong District Council Election Voter Rigging Scandal