David Shou-Yeh Wong

Last updated
David Shou-Yeh Wong
Native name王守業
Born Ningbo, Zhejiang, China
Occupation Founder & Chairman
Dah Sing Bank
Dah Sing Life Assurance
Net worth US$ 1.0 billion [1]

David Shou-Yeh Wong (simplified Chinese :王守业; traditional Chinese :王守業; pinyin :Wáng Shǒuyè) is a Hong Kong billionaire banker and philanthropist. [1]

Simplified Chinese characters standardized Chinese characters developed in mainland China

Simplified Chinese characters are standardized Chinese characters prescribed in the Table of General Standard Chinese Characters for use in mainland China. Along with traditional Chinese characters, they are one of the two standard character sets of the contemporary Chinese written language. The government of the People's Republic of China in mainland China has promoted them for use in printing since the 1950s and 1960s to encourage literacy. They are officially used in the People's Republic of China and Singapore.

Traditional Chinese characters Traditional Chinese characters

Traditional Chinese characters are Chinese characters in any character set that does not contain newly created characters or character substitutions performed after 1946. They are most commonly the characters in the standardized character sets of Taiwan, of Hong Kong and Macau, and in the Kangxi Dictionary. The modern shapes of traditional Chinese characters first appeared with the emergence of the clerical script during the Han Dynasty, and have been more or less stable since the 5th century.

Hanyu Pinyin, often abbreviated to pinyin, is the official romanization system for Standard Chinese in mainland China and to some extent in Taiwan. It is often used to teach Standard Mandarin Chinese, which is normally written using Chinese characters. The system includes four diacritics denoting tones. Pinyin without tone marks is used to spell Chinese names and words in languages written with the Latin alphabet, and also in certain computer input methods to enter Chinese characters.

Contents

Introduction

A native of Ningbo, Zhejiang Province, David Wong is the founder and President of the Dah Sing Bank Limited. Wong also invests in Mainland China, including the Chongqing Business Bank.

Ningbo Prefecture-level & Sub-provincial city in Zhejiang, Peoples Republic of China

Ningbo, formerly written Ningpo, is a sub-provincial city in northeast Zhejiang province, People's Republic of China. It comprises the urban districts of Ningbo proper, three satellite cities, and a number of rural counties including islands in Hangzhou Bay and the East China Sea. Its port, spread across several locations, is among the busiest in the world and the municipality possesses a separate state-planning status. As of the 2010 census, the entire administrated area had a population of 7.6 million, with 3.5 million in the six urban districts of Ningbo proper. To the north, Hangzhou Bay separates Ningbo from Shanghai; to the east lies Zhoushan in the East China Sea; on the west and south, Ningbo borders Shaoxing and Taizhou respectively.

Mainland China geopolitical area under the jurisdiction of the Peoples Republic of China excluding Special Administrative Regions

Mainland China, also known as the Chinese mainland, is the geopolitical as well as geographical area under the direct jurisdiction of the People's Republic of China (PRC). It includes Hainan island and strictly speaking, politically, does not include the special administrative regions of Hong Kong and Macau, even though both are partially on the geographic mainland.

He is Chairman of Dah Sing Life Assurance Company Ltd. as well as Vice-president of the Hong Kong Institute of Bankers. [2]

In 2008's Forbes Hong Kong's 40 Richest list, [3] Wong was ranked as one of Hong Kong's top 40 billionaires (No.37).

<i>Forbes</i> American business magazine based in New York City

Forbes is an American business magazine. Published bi-weekly, it features original articles on finance, industry, investing, and marketing topics. Forbes also reports on related subjects such as technology, communications, science, politics, and law. Its headquarters is located in Jersey City, New Jersey. Primary competitors in the national business magazine category include Fortune and Bloomberg Businessweek. The magazine is well known for its lists and rankings, including of the richest Americans, of the world's top companies, and The World's Billionaires. The motto of Forbes magazine is "The Capitalist Tool". Its chair and editor-in-chief is Steve Forbes, and its CEO is Mike Federle. It was sold to a Hong Kong-based investment group, Integrated Whale Media Investments.

Related Research Articles

Li Ka-shing Hong Kong entrepreneur

Sir Li Ka-shing is a Hong Kong business magnate, investor, and philanthropist. He was born in Chao'an, Chaozhou. As of March 2019, Li is the 28th richest person in the world, with an estimated net wealth of US$32.8 billion. He is the senior advisor for CK Hutchison Holdings, after he retired as the Chairman of the Board in May 2018.

Lee Shau-kee Hong Kong businessman

Lee Shau-kee GBM is a Hong Kong-based real estate tycoon and majority owner of Henderson Land Development, a property conglomerate with interests in properties, hotels, restaurants and internet services. As of October 2012 according to the Bloomberg Billionaires Index Lee is listed as the 19th richest person in the world. As of January 2018, Lee's personal wealth was estimated to be $31.5 billion, making him the second wealthiest man in Hong Kong, and the 27th richest in the world

Walter Kwok Ping-sheungJP was a Hong Kong real estate developer. He was the eldest son of Kwok Tak Seng, founder of Sun Hung Kai Properties, and his wife Kwong Siu-hing. Following their father's death in 1990, he and his brothers Thomas and Raymond inherited Sun Hung Kai Properties.

MEVAS Bank is a bank based in Hong Kong. It is a wholly owned subsidiary of Dah Sing Financial Holdings Limited. It was known as D.A.H. Private Bank Limited until 2 March 2001 when it was renamed "MEVAS Bank". In September 2000, Dah Sing Bank acquired the minority interests in D.A.H. Private Bank Limited (DAHP). It then transferred the private banking business, including loans and deposits, of DAHP to Dah Sing Bank.

OCBC Bank Singapore-based bank

Oversea-Chinese Banking Corporation, Limited, abbreviated as OCBC Bank (华侨银行), is a multinational banking and financial services corporation headquartered in OCBC Centre, Singapore. OCBC Bank was born out of the Great Depression through the consolidation of three banks in 1932 - the Chinese Commercial Bank Limited, the Ho Hong Bank Limited and the Oversea-Chinese Bank Limited. OCBC Bank has assets of more than S$467.5 billion, making it the second largest bank in Southeast Asia by assets and among the larger banks in Asia-Pacific. It is also one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- rating from Standard & Poor's. OCBC Bank is consistently ranked amongst the top 5 Safest Banks in the world by Global Finance Magazine. The bank's global network has grown to comprise more than 570 branches and representative offices in 18 countries and regions. These include over 320 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and more than 100 branches and offices in Hong Kong, China and Macao under OCBC Wing Hang Bank. OCBC Bank is Singapore's oldest bank.

Raymond Kwok Hong Kong businessman

Raymond Kwok Ping LuenJP is the chairman and managing director of Sun Hung Kai Properties, the largest property developer in Hong Kong. He is the chairman of SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited. He is the youngest son of Kwok Tak Seng, and the youngest brother of Walter Kwok, and Thomas Kwok.

Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc. is a Japanese bank holding / financial services company headquartered in Chiyoda, Tokyo, Japan.

Eka Tjipta Widjaja, born in Quanzhou, China as Oei Ėk-Tjhong, was a Chinese-Indonesian banker and industrialist. He founded the Sinar Mas Group, one of the largest conglomerates during Indonesia's New Order period. His flagship bank, BII or Bank International Indonesia, bankrolled many of his other ventures that made him at one time the king of copra.

Cheng Yu-tung GBM was a Hong Kong billionaire with extensive property investment, development and service businesses, hotels, infrastructure, jewellery retailing and transportation interests in Hong Kong, Macau, United States, Australia and other areas. He was considered to be Hong Kong's third richest man at the time of his death.

Deep Water Bay

Deep Water Bay is a bay and residential area on the southern shore of Hong Kong Island in Hong Kong. The bay is surrounded by Shouson Hill, Brick Hill, Violet Hill and Middle Island. As per Forbes, with 19 of the city's richest billionaires, it is reputed to be the "wealthiest neighborhood on earth".

David Gordon Eldon is former chairman of The Hongkong and Shanghai Banking Corporation Limited. He retired in May 2005, after spending 37 years with HSBC Group. He made a return to banking in 2011 and as of June 2015 holds the positions of non-executive Chairman of HSBC Bank Middle East, HSBC Bank Oman SAOG, and is Chairman of HSBC's Global Commercial Bank Risk Committee. He was a Senior Adviser to PricewaterhouseCoopers in Hong Kong and China from September 2005 until 2014.

David Wong may refer to:

Jeffrey Koo Sr. Taiwanese banker

Dr. Jeffrey Koo Sr. was a multi-billionaire Taiwanese banker honorary chairman & Governer of Chinatrust Bank, and co-founder of Koos Group.

Tung Chee-chen, GBS, JP is a Hong Kong billionaire businessman. He is the chairman and chief executive of shipping company Orient Overseas and a member of the One Country Two Systems Research Institute, a pro-Beijing political thinktank. He is Monaco's honorary consul to Hong Kong.

Francis Choi Chee-ming, GBS, JP is a Hong Kong businessman and billionaire.

<i>The Worlds Billionaires</i> annual ranking by net worth of the worlds wealthiest billionaires

The World's Billionaires is an annual ranking by documented net worth of the world's wealthiest billionaires compiled and published in March annually by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding and ranking against those with wealth that is not able to be completely ascertained.

Pollyanna Chu is a billionaire businesswoman from Hong Kong. She is an executive of Kingston Financial Group, Golden Resorts Group, and Sincere Watch. As of 30 January 2018, Chu's estimated worth was US$10.2 billion, making her the 14th richest person in Hong Kong.

References

  1. 1 2 #37 David Shou-Yeh Wong - Forbes.com
  2. Dah Sing Financial Holdings Ltd. (0440:Stock Exchange of Hong Kong Limited)
  3. Forbes - Special Report: Hong Kong's 40 Richest