Updated at 6.37pm: Chief Executive Tung Chee-hwa has benefited considerably financially - in the wake of the territory's rising stock market, local media reported on Thursday. The Apple Daily reported that the stock price of the Tung family business, Orient Overseas (International), had been rising continuously in the past year. Mr Tung's wealth has increased by about 150 per cent, the paper said. According to the declaration of interests report released by the Executive Council Secretariat on Wednesday, Mr Tung currently holds $89 million shares in Orient Overseas through his family trust, the paper said. The CE's wealth was now as high as $2.03 billion - an increase of $1.2 billion since last year. This amount is nearly five times that of Mr Tung's wealth in 1997, the Apple Daily reported.