Yang was born in Hong Kong and his ancestral home is Chaozhou, Guangdong Province. He has been involved in the family business since childhood and has been in business for most of his life, which has not been easy.
His fortunes have fluctuated over the decades as economic trends have changed. But in the end, he was able to overcome the difficulties with extraordinary will, the achievement of today's Emperor Group.
Struggle for decades I believe the ultimate achievement of the Emperor Group
His father, Cheng Yang, was born in the countryside of Chaozhou. He came to Hong Kong in the 1930s. He was able to repair an old watch and sell it for a large profit.
Business gradually on track, the family life gradually into the good, but unfortunately met the fraudster, all lost. Yang Shoucheng grew up in the creditors in the clamour for debt, in and out of the pawnshop door humiliation.
In the 1960s, Hong Kong was becoming a new holiday shopping destination for tourists from Europe, the United States and Japan. Seeing this as an opportunity to change the lifeblood of his family's business, Yang Shoucheng volunteered to wait for tourists at the airport and met many guides who were then called "Belt Street". In order to get tourists to "Cheng 'an Ji" to buy watches, he did not hesitate to wear school uniforms when "take the street" deputy, personal service tourists from no complaints. At 17, the boy began to win his father's trust and gradually took the lead.
However, he did not agree with his father's conservative approach to business. He loved innovation and had the idea of starting his own business. He got up the courage to borrow money from his father and set up the "Observatory" on Nathan Road in 1964. After the opening of business is booming, since then Yang Shoucheng perceived the lack of a first-class watch brand into the atmosphere, so in the yellow Pages to find the Omega Hong Kong general agent address, take the liberty to see the boss, begged to be granted the agency in Kowloon. Yang Shoucheng put on the offensive, finally get Tissot table agency. Half a year later to bargain, Yang Shoucheng and the other side of the agreement to open a store in the crowd more densely, also selling jewelry, that is, Omega agency, but also began to explore the Rolex agency net. In 1965, the opening of the Emperor's watch and jewelry, Yang Shoucheng and the tourism industry alliance, wide net; Until 1966 the next city, Tiliacsom including Rolex.
In the 1970s, as Hong Kong's economy took off, Mr. Yeung became involved in real estate and finance, owning a listed company. But 10 years later, when the financial crisis broke out in Hong Kong, banks suddenly took over all his assets as insolvent, leaving him with debts of HK $300 million. This was the first disaster in Yang's life. He decided to go to Kuwait alone to enter the local financial industry. Within two years, he paid off huge debts quickly, showing amazing vigor and courage to the business community.
After returning to Hong Kong, Yang Shu-shing regrouped and gradually consolidated his three major businesses, namely watches and jewellery, real estate and finance. And once again entered the listed company, and continue to develop furniture, media, hotels, entertainment films, catering and other industries; By the year 2000, the Group's current multi-business integration and symbiosis prototype has been roughly completed. Today, King Group has become a diversified conglomerate with five subsidiaries listed on the main Board of the Stock Exchange of Hong Kong.
I devote myself to charity and pay close attention to the elderly
After decades of business, Yang Shoucheng is deeply aware of the unpredictable world and priceless human relations. Therefore, he pays more attention to spending time with his family and friends. At the same time, he actively engages in charity work.
Early in his business career, Mr Yeung became the founding President of the South Kowloon Lions Club of Hong Kong in 1976. In the spirit of Lions Club International, a global service organisation, he led members in promoting diverse services for the benefit of young people and the elderly. In the 1980s, he returned to Chaozhou with his father and donated money to build a primary school to improve the quality of local education. In 1997, when the King's Group was already well established, Mr Yeung set up the King's Charity Fund to fund and participate in a wide range of activities covering education, healthcare, culture and environmental protection, with education being the most important part.
In 2008, Mr Yeung decided to invest more resources in caring for the elderly and set up the Yeung Care Foundation in his own name to focus on the development of caring for the elderly.
He has funded the construction of a number of service centres for the elderly both in China and in Hong Kong, such as the Yeung Shing Charitable Foundation Baoding Apartment for the Elderly and the Yeung Shing Charitable Foundation (Shunping) Elderly Service Centre. Together with his earlier projects, including the Tung Wah Group of Hospitals Yeung Shing Memorial Long Term Care Home in Hong Kong and the Hubei Charity Hong Kong King's Care Centre for the Elderly in Hubei, He now owns nine services for the elderly. Another "Yang Shoucheng Charity Fund Baoding Children's Welfare Home".
In 2012, Yang Shoucheng summed up his half-life struggle and published his biography, Qi Qi, hoping that his personal experience could be used as reference for future generations. Stepping into the year of the heart, looking back on the past, he was glad that he could take off with the general trend and seize the historical opportunity of China's rapid development. He is always mindful of the economic and livelihood of Hong Kong and China, and looks forward to continuing to play a part in promoting the development and cultural integration of the two places.
