Kung Ling-kan (10 December 1916 – 1 August 1992) was the eldest son of
H. H. Kung
Kung Hsiang-hsi (; 11 September 1881 – 16 August 1967), often known as Dr. H. H. Kung, was a Chinese banker and politician in the early 20th century. He married Soong Ai-ling, the eldest of the three Soong sisters; the other two married Pres ...
and
Soong Ai-ling. Kung was a 76th generation of
Confucius, being given the generation name "ling".
Life
In 1933, Kung Ling-kan studied at
St. John's University St John's University may refer to:
*St. John's University (New York City)
**St. John's University School of Law
**St. John's University (Italy) - Overseas Campus
*College of Saint Benedict and Saint John's University, St. Joseph, Minnesota and Col ...
in Shanghai. After graduating from college in 1936, he served as the Secret Secretary of the Ministry of Finance and then entered the newly established Central Trust. After the Japanese occupation of Shanghai in 1937, the Central Trust Bureau was withdrawn to Hong Kong, and Kung served as executive director and presided over the business.
In 1939, the British Hong Kong authorities seized the secret radio station and expelled it from Hong Kong. Subsequently, Kung Ling-kan went to
Harvard University to study in the United States, and married Man Shengli's ex-wife on the way to Manila.
In 1943,
Soong Mei-ling went to the United States to visit, and Kung Ling-kan served as secretary. After the end of the Anti-Japanese War, Ku returned to Shanghai to establish Yangzi Jianye Co., Ltd.
In 1948, in the late period of the civil war between the
Kuomintang and the
Chinese Communist Party, China experienced severe hyperinflation. The government decided to release a new currency, the
Gold yuan
Gold is a chemical element with the Symbol (chemistry), symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a Brightness, bright, slightly orange-yellow, dense, s ...
.
Chiang Ching-kuo went to Shanghai to supervise the economic control. The iron fist method was used to suppress the price.
Kung had transferred funds overseas and had settled in the United States. After his aunt
Soong Mei-ling came to the United States, she lived in an apartment that Kung bought for her in the Upper East Side of
Manhattan. In 1992, Kung Ling-kan died in New York, at the age of 76. He had no children.
References
1916 births
1992 deaths
Harvard University alumni
Businesspeople from Shanghai
Chinese expatriates in the United States
{{China-bio-stub