Nina Wang

Nina Wang, also known as Nina Wang Kung Yu-sum, was the late chairwoman of Chinachem Group and Asia's richest woman. Born in September 1937, she took over Chinachem after her husband Teddy was mysteriously kidnapped in 1990 and built it into a major property developer. Teddy was never found and was declared dead in 1999. Wang died of cancer in 2007 with an estimated net worth of US$4.2 billion. Her will has been the subject of a court battle after her personal feng shui guru, Tony Chan, was accused of forging it in his favour.

Saga over Nina Wang's HK$83 billion fortune 'almost at an end'

Chinachem Group Chairman Kung Yan-sum, the younger brother of Nina Wang Kung Yu-sum, speaks to the media at Nina Tower in Tsuen Wan. Photo: Sam Tsang

Yesterday's ruling of the Court of Final Appeal is "almost the last stage" in a series of court battles over the legacy of Asia's richest woman Nina Wang Kung Yu-sum's HK$83 billion estate.

Tuesday, 19 May, 2015, 2:45am

Court rules Nina Wang intended her foundation to hold fortune as a trustee, not beneficiary

Nina Wang's brother, Kung Yan-sum, told media the verdict would not affect Chinachem foundation's operation. Photo: Sam Tsang

Hong Kong's top court has rejected a final attempt by the Chinachem Charitable Foundation to take greater control of tycoon Nina Wang Kung Yu-sum's HK$83 billion estate, ruling the foundation is instead a trustee and must spend the cash only in accordance with her wishes.

19 May 2015 - 6:29pm 4 comments

Billionaire Nina Wang 'not clear' on intention in will, appeal court hears

Nina Wang (left) in 2005, during another of the many court cases over the Chinachem empire built by her husband. Photo: Robert Ng

A court should not rule that late billionaire Nina Wang Kung Yu-sum's fortune should be managed by a charitable trust given that she specified no such thing in her will, the Court of Appeal heard yesterday.

28 Feb 2014 - 12:32pm

Chairmen of Chevalier, ENM may face penalties for helping late tycoon Nina Wang

Chevalier Group Chairman Chow Yei-ching. Photo: May Tse

Three executives of listed companies may face disciplinary action for breaching the takeover code more than a decade ago by helping the late Nina Wang Kung Yu-Sum, once Asia’s richest woman.

21 Nov 2013 - 2:28pm 1 comment

Peter Chan: I am famous for being unpopular - I will make use of that

Peter Chan being escorted from court. Photo: SCMP

Fung shui guru turned Christian Peter Chan Chun-chuen was on the point of screaming he was innocent as the judge sent him to jail for 12 years last month.

But Chan says he drew on the strength of his new-found faith and held his tongue.

7 May 2015 - 5:00pm 10 comments

Nina Wang and I were a perfect match, says jailed Peter Chan

Nina Wang and I were a perfect match, says jailed Peter Chan

It was compatibility - not black magic or a spell - that kept tycoon Nina Wang Kung Yu-sum in love with him, Peter Chan Chun-chuen, the self-styled fung shui master, has claimed from jail.

In fact, they were such a perfect match that they never once squabbled, and even talked about Chan getting a divorce and marrying Wang, he said.

7 May 2015 - 5:00pm 3 comments

Conman Peter Chan 'joyful' in prison after 'Holy Spirit spoke to him'

Peter Chan has already started to write a book while in jail.

Prophecies, mystical numbers and holy voices have left jailed feng shui conman Peter Chan Chun-chuen "joyful" after his first two weeks behind bars - and he has already started writing a book, according to one of his visitors.

7 May 2015 - 5:00pm 5 comments

Jailed fung shui master Peter Chan to appeal conviction

Peter Chan Chun-chuen. Photo: Sam Tsang

Jailed former fung shui master Peter Chan Chun-chuen filed an appeal yesterday against his conviction and 12-year jail term for forging and using a fake will said to belong to late tycoon Nina Wang Kung Yu-sum, a source familiar with the situation said.

7 May 2015 - 5:00pm 1 comment

Forger of Nina Wang's will begins prison sentence

Tam Miu-ching (centre), wife of Peter Chan, and his daughter Polly Lon Pui-chun (right) leave Stanley Prison. Photo: SCMP

Jailed former fung shui master Peter Chan Chun-chuen has swapped the high life with Asia's richest woman for prison congee and rice.

7 Jul 2013 - 6:56am

Peter Chan: reinvention of a nobody with a big smile

Family man Tony Chan is interviewed at his house on The Peak in July 2011. He appeared remarkably relaxed for a man who had just been charged with forging the 2006 will on which he based his failed probate battle for Nina's Wang's fortune. Photo: SCMP

From bartender to fung shui master, Peter Chan Chun-chuen rose from being a nobody living in a public housing flat to a man worth more than HK$2.7 billion.

A self-taught fung shui practitioner, Chan, now 53, amassed most of his fortune by pleasing late tycoon Nina Wang Kung Yu-sum - as her lover, as he claims, or as her sycophantic eunuch, as Wang's siblings have claimed.

7 May 2015 - 5:00pm 5 comments

Peter Chan guilty of forging will of late tycoon Nina Wang

Peter Chan Chun-chuen is escorted out of High Court after being convicted of forging the will of late tycoon Nina Wang. Photo: SCMP

Looking scared and red-faced, Peter Chan Chun-chuen was locked up on Thursday after he was found guilty of forging a will purportedly left by late billionaire Nina Wang Kung Yu-sum. After almost 20 hours of deliberation, a Court of First Instance jury of five men and three women found the 53-year-old businessman, previously known as Tony Chan, guilty of forgery and using a false instrument. He will be sentenced today.

7 May 2015 - 5:00pm 19 comments

Jury still out in Nina Wang will forgery trial

Peter Chan leaves the court amid a media scrum. Photo: Sam Tsang

An eight-member High Court jury could not reach a verdict yesterday after nine-and-a-half hours of deliberation on charges against Peter Chan Chun-chuen of forgery and using a false document. Chan is accused of forging the will of late tycoon Nina Wang Kung Yu-sum.

4 Jul 2013 - 5:47am

Don't let feelings sway you, jury told in Nina Wang forgery case

Peter Chan Chun-chuen

The jury that is to decide today whether Peter Chan Chun-chuen is guilty of forging late tycoon Nina Wang Kung Yu-sum's will must put aside any personal feelings, they were told by the judge yesterday.

3 Jul 2013 - 5:28am

It was more than fung shui, says defence lawyer in Nina Wang case

Nina Wang Kung Yu-sum

Describing the relationship between late tycoon Nina Wang Kung Yu-sum and alleged will forger Peter Chan Chun-chuen as one related to fung shui would degrade the famed businesswoman, Chan's lawyer said yesterday.

Barrister Andrew Kan also said playing in court videos which showed Wang locking lips with Chan and his hands running all over her body was not meant to degrade Wang.

29 Jun 2013 - 5:25am

Former fung shui master accused of playing on Nina Wang's superstition and loneliness

Peter Chan Chun-chuen. Photo:  Felix Wong

Alleged will forger Peter Chan Chun-chuen was accused by the prosecution in High Court on Wednesday of playing on the superstition and loneliness of Nina Wang and treating her as a means to become rich.

7 May 2015 - 5:00pm