Numbers man who cut a smart figure
Sanford Yung, accountant, political figure and owner of celebrated racehorse Silver Lining, dies at the age of 86
Sanford Yung
1927-2013
Veteran accountant, political figure and racehorse owner Sanford Yung - the former chairman of Coopers & Lybrand Hong Kong which is now part of global accounting firm PricewaterhouseCoopers - has died aged 86.
A friend close to Yung's family said he had suffered from cancer for some years and died peacefully in his sleep last Thursday with his family by his side. There will be a funeral on Saturday but the family wants to keep it a quiet, private affair.
Hong Kong Institute of Certified Public Accountants president Susanna Chiu said Yung had been "very low profile, professional and a progressive role model" for the city's 35,000 accountants.
Yung's step-grandfather, Yung Wing, was China's first overseas student, and Yung himself was the first Chinese to train as a chartered accountant in Scotland.
Born in Hong Kong in 1927, he is also known as the owner of legendary galloper Silver Lining, the first local horse to win more than HK$1 million.
After Yung had finished his accountancy training, he returned to the city in the 1950s. In 1962, he set up Sanford Yung & Co, and three years later it became part of British firm Coopers & Lybrand.