Burglars broke into the luxury Kowloon Peak home of businessman and Beijing political adviser Ng Wai-kuen on Sunday night while the family was having dinner - and escaped with cash and jewellery worth a total of HK$410,000.
Police said that the family was having dinner around 8pm when a maid spotted two strangers on a balcony of the home and saw another stranger watching from outside Oyster Creek Lodge at the luxury residential complex Customs Pass in Fei Ngo Shan Road.
The three men, who were about 1.75 metres tall and were wearing masks and black clothes, fled to a nearby hillside, police said.
Officers searched the area but were unable to find the men.
Ng could not be reached for comment yesterday.
Ng is the president of the garment company Fusion International Holdings and a standing committee member of the Chinese General Chamber of Commerce in Hong Kong.
He moved to Hong Kong from Guangdong in 1979 and set up his own business in 1983.
His business success caught the eye of mainland officials.
He has been appointed to the local county and city level committee of the Chinese People's Political Consultative Conference (CPPCC) since the mid-1990s.
He is now a member of the 12th national committee of the CPPCC and a standing committee member of the 11th Guangdong provincial committee of the CPPCC.
Ng was criticised last year after he slammed Hong Kong people for rejecting mainland visitors.
In a Guangdong provincial committee meeting of the CPPCC, Ng said Hong Kong people were "green-eyed and disappointed" about "well-off compatriots on the mainland".
"Our shops on Canton Road, so many well-known brands - who buys there? Most Hongkongers only go shopping at Luohu [Commercial] Centre [in Shenzhen]," he said during the meeting.
Meanwhile, in a separate burglary early yesterday, cash and property worth about HK$15,000 was stolen from a Sheung Shui house.
The 57-year-old owner of the house in Belair Villa in Yu Tai Road called police around 1am after he found property missing.