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Hong Kong multi-billionaire Lui Che-woo started his first enterprise in difficult circumstances at the age of 13. Now, after more than 70 years in business, he has achieved great success in numerous industries. He is founder and chairman of multinational conglomerate K. Wah Group, with operations in Hong Kong, Mainland China, the United States and elsewhere. In recent times he has become well-known for leading Galaxy Entertainment Group to become one of the three large gaming operators in Macau. In tandem with his success in business, Lui is a distinguished philanthropist. Notably, in 2015 he established the LUI Che Woo Prize – Prize for World Civilisation to honour and recognize individuals or organizations who have unconditionally promoted world civilization. In the course of his life and career, Lui has faced many challenges and experienced numerous ups and downs. What makes drives Lui? Why do his businesses continue to take off and flourish? What makes his era-spanning, diverse and multinational business empire successful and outstanding? In this book he shares his wisdom, unveils the secrets of his triumphs and pathways to happiness, and inspires readers to change their thinking and improve their lives.
Learn the secrets of Hong Kong multi-billionaire Lui Che-woo's success. His busines empire spans Hong Kong, Macau, China and the United States.
This book seeks to survey the role of tycoons in Hong Kong's socio-political and socioeconomic developments. Summoned to Beijing just before the onset of the territory's longest social movement, it highlights the tycoons' symbolic intermediary role between Beijing's elite and the people of Hong Kong. Also investigated is the unwritten social contract between Beijing's elite and Hong Kong society — that the tycoons will be rewarded economically or left alone to conduct their business activities if they remain compatible with Beijing's policy directions (or at least remain neutral in contentious issues) and facilitate policy implementation if necessary.Tycoons in Hong Kong has three research objectives: first, in understanding the roles that tycoons play in Hong Kong, it is necessary to understand Beijing's crafted political and social spaces for Hong Kong's economic elites to exert their influence. Second, it examines the integrated roles that the tycoons play as consultative members of the Chinese one-party socio-political structures. Third, it presents the humanized side of the tycoons, highlights the positive contributions that tycoons make to Hong Kong and mainland China and deconstructs the idea of a hegemonic tycoon class by emphasizing their heterogeneity in the biographical entries section of the publication.
During the last 150 years, we have stressed the oceans, warmed the planet and overextended almost every natural resource. To create real change will require a generation of leaders and businesses that think and act differently. "Sustainability Is the New Advantage" identifies the skill sets, best practices, and new ideas needed to teach a new generation to start, grow, and manage sustainable organizations.
The recent global economic crisis has drawn a spotlight on the world of finance. Financial exchanges are changing, and this insightful, new book examines the manner and reasons for these changes. Financial Exchanges: A Comparative Approach offers an in-depth analysis of this sector. Surveying thirty different financial exchanges, including stock, derivative, commodity and offshore exchanges, this book examines the challenges they face and the ways in which they are adapting. The book includes a pertinent chapter on the dominance of derivatives, examining a number of derivative exchanges in detail. Taking in a host of international exchange powerhouses, including those in Hong Kong, Shanghai, London, New York and the Persian Gulf, this book will benefit students taking courses on financial markets and institutions, as well as professionals interested in international financial markets.
Entrepreneurship in Small Island States and Territories is the first publication to consider the ‘creative’ side of enterprise in small island states and territories. Rather than playing out as remote, vulnerable and dependent backwaters of neo-colonialism, the world’s small island states and territories (with resident populations of less than 1 million) show considerable resourcefulness in facing up to the very real challenges of their predicament. The creative endeavours of their residents, facilitated by adroit public policy, has created economic and investment opportunities that translate into some private sector employment and decent livelihoods for many. Their ingenuity, coupled with strategic investments and the support of the diaspora, has led to a suite of (sometimes unlikely) products and services: from citizenship and higher-level internet domain names, to place-branded foods and beverages; from electronic gaming to niche manufacturing. There is much more to small island survival than subsistence farming, aid, remittances and public sector workfare. Entrepreneurship in Small Island States and Territories helps to dispel this myth, showcasing an aspect of life in small island states and territories that is rarely documented or critically reviewed.
In 2007, the Hong Kong Special Administrative Region held its first-ever contested election for Chief Executive, selected by 800 members of an Election Committee drawn from roughly 7% of the population. The outcome was a foregone conclusion, but the process allowed a pro-democracy legislator to obtain enough nominations to contest the election. The office of Chief Executive is as unique as the system used to fill the office, distinct from colonial governors and other leaders a Chinese provinces and municipalities. The head of the HKSAR enjoys greater autonomous powers, such as powers to nominate principal officials for Chinese appointment, pardon offenders and appoint judges. Despite its many anti-democratic features, the Election Committee has generated behavior typically associated with elections in leading capitalist democracies and has also gained prominence on the mainland as the vehicle for returning Hong Kong deputies to the National People's Congress. This book reviews the history and development of the Election Committee (and its predecessor), discusses its ties to legislative assemblies in Hong Kong and Mainland China, and reflects on the future of the system.