Early Life
Edwin Leong Siu-hung was born in Guangdong Province, China, in either 1951 or 1952. The sixth son of Henry G. Leong, who worked for Jardine Matheson, Edwin's father passed away when he was just nine years old. As a teenager in the late 1960s, Leong traveled to Vancouver to finish high school. He went on to study computer science at the University of British Columbia and later earned a master's degree in computer science from the University of Toronto.
Rise to Success
After graduating, Leong returned to Hong Kong, where he launched his real estate venture, Tai Hung Fai Enterprise, in 1977. Initially, the company focused on property investment and management, specializing in retail properties and hotels. Under his leadership, Tai Hung Fai Enterprise grew exponentially, expanding its portfolio to include hotels, serviced apartments, retail shops, residential buildings, office buildings, and industrial buildings. Leong's strategic acumen and timing in the property market, particularly during periods of economic downturn, have been key to his success. He is known for his ability to acquire properties and redevelop them, earning him the moniker "King of Shops".
Key Business Strategies
Leong's business strategy revolves around strategic property investments, emphasizing the importance of timing market opportunities. He focuses on acquiring properties during favorable market conditions and redeveloping them. His company has been known for its commitment to urban redevelopment and community revitalization projects. Leong's success in the retail property market has been a cornerstone of his wealth. He expanded into the mass residential market in recent years, demonstrating his confidence in the Hong Kong market's long-term potential.
Philanthropy
Beyond his business ventures, Leong is dedicated to philanthropy through the Tai Hung Fai Charitable Foundation, established in 2005. The foundation supports care and medical support for disadvantaged seniors and underprivileged children. It also funds scholarships, fellowships, and research studies related to healthy aging and pediatrics. Leong's philanthropic initiatives include providing care for the elderly and underprivileged children and supporting medical research.
