Jimmy Lai unlikely to leave riches to fung shui master 'Who is he? How did he do it?' For seven days now, Tony Chan Chun-chuen has been the town's most wanted and talked about man. And why not? He may well inherit the entire wealth left by the late Nina Wang Kung Yu-sum. From Sai Wan to Siu Sai Wan, Mr 3Cs' fung shui skills have fuelled gossip and, more importantly, questions on how his billionaire friend, 'Little Sweetie', came to designate him in her will. More colourful details will come out, but we feel we should at least pay some tribute to Jimmy Lai Chee-ying's reporters, who secured an exclusive look at Wang's 2002 will and the 2006 will naming Mr Chan. We suspect this was not just hard-working journalism or luck, but fate. Lai See understands Mr Lai's connection to Mr Chan goes back a long way, to when the publisher sought fung shui advice as he started Next magazine in Quarry Bay in the early 1990s. According to people in the know, Mr Lai did not like Mr Chan's advice, and only offered HK$2,000 for what was supposed to be a HK$3,000 full fung shui service. The humbling experience did not stop Mr Chan's determination to be rich. His road to riches is still not clear, but what we know is he lives in Caronia, 16 Bowen Road, with a wife, three children and two dozen wolfhounds. Economist has stomach for HK Don't underestimate economists. A year after Hongkong and Shanghai Banking Corp promoted economist Vincent Cheng Hoi-chuen to be its first Chinese taipan, Morgan Stanley has appointed chief economist Stephen Roach as Asia chairman from June. Mr Roach has made his name for more than being bullish on Asia; his appreciation of Asian cuisine, particularly Chinese dim sum, is widely known. Last month, reporters witnessed him enjoying a plate of siu mai and BBQ pork before he started his lunch presentation (when he watched his clients and reporters eat). On his frequent trips to Asia, he has had the privilege of enjoying some delicious meals with leaders such as Premier Wen Jiabao and Singapore patriarch Lee Kuan Yew. An appreciation of food may be a reason why he let his daughter, now 27, spend a year in Beijing. She is now fluent in Putonghua. In his first overseas posting at Morgan Stanley to Hong Kong, the 61-year-old Mr Roach will not be put off by its pollution. 'I grew up in Los Angeles, a hugely polluted area,' said Mr Roach. 'I am very encouraged, during our discussions with the Chinese government, to learn that the focus this year will be environmental and green initiatives.' New listing quick on results Country Garden has become the first listed company to announce its first set of result on the day it listed. The biggest (and probably hottest) China property play reported a 283 per cent gain in full-year net profit to 1.67 billion yuan. The announcement was dated last Friday although the public did not know of it until 90 minutes before Monday trading began. The news failed to rally the share price as the two-day-old listed firm closed 0.68 per cent lower yesterday at HK$7.22, still up 34 per cent from its listing price. Country Garden will go down in the history books as the company whose chairman, Yeung Kwok-keung, transferred his entire shareholdings - worth HK$68.71 billion - to his daughter Yang Huiyan, in 2007, which was also picked as the company's stock code. Directors missing in action Spare a thought for Wharf Group's i-Cable Communications, which has tried hard to maintain a high level of corporate governance but has been let down by directors' attendance records. Notable among the five independent non-executive directors, Victor Lo Chun-wing had zero attendance after resigning last August. He attended one out of five meetings in 2005. Sir Gordon Wu Ying-sheung (left) attended only one in four meetings. You can say this man must be very busy as the boss of Hopewell Holdings, but then none of the five independent directors had a perfect attendance record. Except chairman and chief executive Stephen Ng Tin-hoi, who earned HK$7.36 million, up 0.1 per cent. His payroll made up 82 per cent of the company's total director emoluments last year.