Bernard Chan opens door to fitness in your 50s

Workout classes might look too energetic and equipment at fitness clubs too intimidating to those whose joints are starting to stiffen with age.

With this in mind, Hong Kong businessman and politician Bernard Chan has opened what he says is Hong Kong's first exercise facility aimed at people in their 50s. His "wellness centre", named The Kinnet, will prepare people for retirement with low-impact workouts and less challenging equipment, he says.

"It sets out to help future retirees prepare for retired life physically and mentally," said the executive councillor, who has invested about HK$170 million in the new business, aimed at tapping into the city's growing "silver economy".

"It's not a fitness club. We call it a wellness centre because it provides a one-stop service addressing their physical, emotional and mental needs."

The equipment includes easily managed exercise machines and a "stretching rack" to exercise less flexible muscles.

Chan, president of family company Asia Financial Holdings, known for its insurance business and overseas hospital developments, has also led the Hong Kong Council of Social Service since 2000. He said demand for such a centre as the population aged became apparent during his social service work.

The number of people aged over 65 is expected to double to 2.16 million - a quarter of the population - within 20 years, and make up a third of the population by 2041.