Chan Tan Ching-fen

Early Life

Chan Tan Ching-fen is the widow of Chan Tseng-hsi, who founded Hang Lung Group on September 13, 1960. She was a nurse who, in the 1950s, gave cholera vaccinations to neighborhood children in the family kitchen.

Rise to Success

Chan Tan Ching-fen controls the largest shareholding in Hang Lung Group. Hang Lung Group, under the leadership of her late husband Chan Tseng-hsi, became one of Hong Kong's largest real estate developers. Hang Lung Properties, a subsidiary of Hang Lung Group, is also a major property developer in Hong Kong. Her eldest son, Ronnie Chan, retired as chairman of the family's Hang Lung Group and its subsidiary Hang Lung Properties in 2024. Her grandson Adriel Chan is the current chairman.

Key Business Strategies

Chan Tan Ching-fen's wealth is primarily derived from her substantial ownership in Hang Lung Group, a key player in Hong Kong's real estate market. Hang Lung Group's success is attributed to strategic real estate development, particularly in developing complexes along the Mass Transit Railway. The company expanded its operations and investments in Mainland China.

Philanthropy

The Chan family has been involved in philanthropy, particularly in supporting education. The Morningside Foundation, led by Ronnie's brother Gerald, is a private equity and venture capital investor. In 2021, the Chan family made a $175 million gift to UMass Medical School, which changed its name to UMass Chan Medical School.