Leung Chun-ying

Hong Kong political and business luminaries to be among pall-bearers at funeral of billionaire Cheng Yu-tung

List includes Chief Executive Leung Chun-ying, former leader Tung Chee-hwa and property magnate Li Ka-shing

PUBLISHED : Wednesday, 12 October, 2016, 9:52pm
UPDATED : Thursday, 13 October, 2016, 3:42pm

Hong Kong’s top political leaders and business tycoons will be among eight pall-bearers on Thursday morning at the funeral of late billionaire Cheng Yu-tung – the third richest man in the city.

The list comprises Chief Executive Leung Chun-ying, former chief executive Tung Chee-hwa, property magnate Li Ka-shing, Henderson Land Development chairman Lee Shau-kee, director of the central government’s liaison office Zhang Xiaoming, Macau chief executive Fernando Chui Sai-on, Liu Chong Hing Investment managing director and chief executive Liu Lit-chi, and Myer Jewelry Manufacturer chairman Sin Wai-kin.

Hundreds pay tribute at funeral of Hong Kong billionaire Cheng Yu-tung

Government officials and businessmen also paid their respects Wednesday at the funeral for Cheng, who amassed his fortune from jewellery and property development.

Hundreds of wreaths were laid out in two parlour halls at the Hong Kong Funeral Home in North Point, with scores more outside that snaked around the building to the street opposite.

Inside the main parlour, a heart-shaped wreath of white flowers from Cheng’s wife was placed in the middle of the hall, flanked by one from Leung Chun-ying, followed by others from Cheng’s sons and grandsons.

Cheng’s eldest son Henry Cheng Kar-shun was the first to arrive on Wednesday at the funeral home. He was solemn, thanking reporters for their hard work before heading inside with his two sons.

Cheng’s wife Chow Tsui-ying came later in a wheelchair, and left the earliest at about 6pm. Dozens of other family members and close relatives dressed in white, followed shortly after.

Cheng, founder of the city’s largest jewellery chain Chow Tai Fook and major property developer New World Development, died peacefully at the age of 91 on September 29 with his family by his side.

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He had been in poor health for years, suffering a stroke in 2012, and had been in a coma since undergoing brain surgery four years ago.

Former co-chairman of Sun Hung Kai Properties Thomas Kwok Ping-kwong and property tycoon Joseph Lau Luen-hung were among the high profile attendees who bade a last farewell to Cheng on Wednesday.

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Former chief executive Donald Tsang Yam-kuen, Secretary for Development Chan Mo-po, Secretary for Labour and Welfare Matthew Cheung Kin-chung and former financial secretary Antony Leung Kam-chung were also present.

Former chief secretary Henry Tang Ying-yen said: “It is a pity. Hong Kong has lost a very outstanding person. I have great respect for him.”

Outside the funeral home, Shih Wing-ching, the founder of major real estate agency Centaline Property, said: “He was a humble man. To [gain more knowledge for his business], he didn’t hesitate to talk to anyone [regardless of their] status in society. That’s why he was successful at what he did.”