Henry Cheng Kar-shun, GBM, GBS ( Chinese: 鄭家純; born 11 December 1946) is a Hong Kong billionaire property developer. Cheng is the elder son of

Cheng Yu-tung Cheng Yu-tung GBM (; 8 August 1925 – 29 September 2016) was a Hong Kong billionaire with extensive property investment, development and service businesses, hotels, infrastructure, jewellery retailing and transportation interests in Hong Kong, ...

who founded Hong Kong-listed

New World Development New World Development Company Limited (NWD), is a Hong Kong-based company focused on property developer in Hong Kong, property, hotels, infrastructure and services and department stores. It was established on 29 May 1970 by Cheng Yu-tung. The ...

of which Henry succeeded his father as chairman. Cheng is chairman of

NWS Holdings NWS Holdings Limited () is the conglomerate flagship of New World Development. It was established in 2002 when its predecessor, Pacific Ports Company Limited, acquired New World Services Limited from New World Development and the infrastructure a ...

New World China Land New World China Land Limited is a wholly owned subsidiary of Hong Kong-based conglomerate New World Development, itself part of Chow Tai Fook group. New World China Land was spin off from New World Development in 1999 as a separate listed compan ...

, and

New World Department Store China New World Department Store China Limited is a Hong Kong-based holding company for department store chains in the Mainland China. New World Department Store China is a subsidiary of another listed company New World Development. It has self-owned sto ...

. He is also a Standing Committee Member of the Eleventh

Chinese People’s Political Consultative Conference The Chinese People's Political Consultative Conference (CPPCC, zh, 中国人民政治协商会议), also known as the People's PCC (, ) or simply the PCC (), is a political advisory body in the People's Republic of China and a central part of ...

. In the 2012 Chief Executive election in Hong Kong, Cheng initially supported

Henry Tang Henry Tang Ying-yen (; born 6 September 1952) is a Hong Kong politician who served as the Chief Secretary of Hong Kong between 2007 and 2011. He held the position of Financial Secretary from 2003 to 2007. In 2012, he lost the Hong Kong Chief ...

but switched to support the eventual winner,

Leung Chun-ying Leung Chun-ying (; born 12 August 1954), also known as CY Leung, is a Hong Kong politician and chartered surveyor, who has served as vice-chairman of the National Committee of the Chinese People's Political Consultative Conference since Mar ...

. When Leung's second

Secretary for Development The Secretary for Development of the Hong Kong Government is responsible for planning, land development and public works related development policy in Hong Kong. The position was created in 2007 to replace portions of the previous portfolios ...

, Paul Chan, became embroiled in a property and credibility scandal (as had the first,

Mak Chai-kwong Mak Chai-kwong GBS, JP (, born 16 June 1950) is a Hong Kong civil engineer and civil servant. He served as Permanent Secretary for Development (Works) from 2006 to 2010. In 2012, he was appointed as Secretary for Development in the inaugural cab ...

), Cheng was the first public figure to offer support. Cheng has six children (from oldest to youngest): Adrian, Sonia, Brian, Christopher, Chak-wang and Chak-yin. In 2016, Henry Cheng donated RMB$300 million to China Internet Development Foundation to support cyber security training. He was awarded the Grand Bauhinia Medal (GBM) by the Hong Kong SAR Government in 2017.

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External links

New World Development Dr. Henry Cheng
{{DEFAULTSORT:Cheng, Henry 1946 births Living people Hong Kong billionaires Hong Kong businesspeople New World Development people NWS Holdings University of Western Ontario alumni Members of the National Committee of the Chinese People's Political Consultative Conference Recipients of the Gold Bauhinia Star Recipients of the Grand Bauhinia Medal Members of the Selection Committee of Hong Kong Members of the Election Committee of Hong Kong, 1998–2000 Members of the Election Committee of Hong Kong, 2000–2005 Members of the Election Committee of Hong Kong, 2007–2012 Members of the Election Committee of Hong Kong, 2012–2017 Members of the Election Committee of Hong Kong, 2017–2021 Billionaires from Guangdong Democratic Alliance for the Betterment and Progress of Hong Kong politicians