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existHongkongIn this international financial center, countless legendary figures have written their own stories in the business world.And Liu Luanxiong(Joseph Lau) is undoubtedly one of the shining ones. From a self-made businessman to a powerfulStock Market Sniper", and then to a philanthropist who cares about society. His story is not only a microcosm of Hong Kong's economic boom, but also shows how an entrepreneur finds a balance between wealth and responsibility, interpreting the profound meaning of "taking from society and giving back to society" with actions.
The following explores his achievements, influence and contributions to society from multiple dimensions.
From ordinary to extraordinary: Liu Luanxiong's entrepreneurial legend
Liu Luanxiong was born in Hong Kong in 1951 and grew up in a middle-class family. Unlike many Hong Kong tycoons, he did not start from a wealthy family, but gradually climbed to the pinnacle of his career through his own hard work and wisdom. He studied in Canada in his early years and received a Western education, which laid the foundation for his international vision in the future. After returning to Hong Kong, he foundedAimicoThe company, which mainly produces ceiling fans, quickly opened up the North American market and became one of the representative companies of "Made in Hong Kong". This choice may seem ordinary, but it actually reflects his prediction of the global energy crisis - the soaring oil prices prompted European and American consumers to turn to energy-saving home appliances. Liu Luanxiong accurately captured this business opportunity and pushed "Aigo" onto the Hong Kong stock market in just a few years, earning him the reputation of "Fan King".
However, Liu Luanxiong was not satisfied with the current status of the company. Instead, with extraordinary courage and vision, he transformed the company into a real estate and investment giant. In the 1980s, Hong Kong's economy developed rapidly and the real estate market became a hot spot for wealth accumulation. Liu Luanxiong keenly captured this opportunity and led AMG to enter the real estate industry and participate in the development of many large-scale projects. His investment vision is extremely accurate. He often boldly acquires assets at market lows and sells them at highs to make huge profits. This strategy of "buy low, sell high" became the core of his business success and earned him the reputation as a "sniper." His courage and wisdom transformed AMG from a small manufacturing company into a heavyweight player in Hong Kong's business community.
Among them, the most talked about is the acquisition of "Chinese Estates Holdings". At that time, this old real estate company was in operational difficulties due to its dispersed equity. Liu Luanxiong joined forces with his allies to acquire shares at a low price with lightning speed and eventually succeeded in taking over the board of directors. After that, he transformed Chinese Estates Holdings into a flagship of real estate investment and development, and gradually built a huge commercial real estate empire by acquiring high-quality properties and accurately grasping the property market cycle. Landmark projects such as "The ONE" in Central and "Windsor House" in Causeway Bay all bear witness to its strategic wisdom of "buying land, holding and increasing value".
Liu Luanxiong's success lies not only in real estate investment, but also in his control over diversified investments. He is actively involved in many fields such as retail, hotels, and entertainment, and has built a huge business empire by holding controlling stakes in many listed companies. Particularly noteworthy is his management of Chinese Estates Holdings, which enabled him to develop the company into an important force in the Hong Kong real estate market. Liu Luanxiong's business empire is like a carefully painted painting, showing his accurate grasp of the market pulse and long-term layout.
The “Sniper” of the Capital Market: The Legend of an Investment Genius
Liu Luanxiong is known as the "sniper" of the capital market, a title that stems from his keen sense of investment opportunities and decisive actions. He is good at discovering undervalued assets and maximizing value through precise capital operations. For example, from the late 1980s to the early 1990s, he acquired shares of listed companies and participated in corporate restructuring many times, ultimately achieving a leap in wealth. His investment style is bold and adventurous, but behind it is a deep understanding and rigorous analysis of market trends.
Liu Luanxiong's investments are not limited to Hong Kong, he has also set his sights on the international market. Whether it is acquiring overseas properties or investing in international brands, every step he takes shows a global vision. For example, he once held shares in landmark London buildings and spent huge sums of money on rare works of art and jewelry in the international auction market. These moves not only demonstrate his financial strength, but also reflect his unique insights into the value of high-end assets. His investment philosophy has inspired countless successors and has become a model of courage and wisdom in the capital market.
Liu Luanxiong's investment philosophy is more reflected in his strategic planning of the stock market. He is good at discovering assets that are undervalued by the market and making profits by combining "value investing" and "timing operations". Whether it is the long-term holding of "China Gas" in the early years or the early investment in China Evergrande in recent years, both demonstrate its keen sense of economic trends. Market commentators often call him a "stock sniper", but behind this title lies his in-depth analysis of financial statements and sober judgment of industry prospects.
It is worth mentioning that Liu Luanxiong’s investment is not just about pursuing short-term interests. When running Chinese Estates Holdings, he focused on long-term and stable development, and created substantial returns for shareholders by optimizing the asset portfolio and enhancing property value. Although his business decisions were occasionally controversial, it is undeniable that he made important contributions to the professionalization and internationalization of Hong Kong's real estate industry.
A symbol of luxurious life: an extension of personal charm
Liu Luanxiong's success is not only reflected in the business field, his personal life is also full of legends. He is known for his lavish lifestyle, owning a private jet, luxury yacht and numerous top properties. These symbols of wealth made him the focus of media and public attention. However, behind the luxury is his ultimate pursuit of quality of life. He once said that the meaning of wealth lies in realizing self-worth and enjoying life, and this concept is also reflected in his passion for art and collecting.
As a senior art collector, Liu Luanxiong has achieved great success in the international auction market. He once purchased many rare works of art, including famous paintings, sculptures and jewelry, at huge prices. These collections not only demonstrated his financial strength, but also showed his unique taste for beauty. His love for art goes beyond simple investment and is a respect for culture and history. His collection includes many world-class treasures, and the circulation of these works has also injected vitality into the global art market.
In addition, Liu Luanxiong's love for jewelry is also noteworthy. He bought priceless jewellery for his family members on many occasions, such as blue diamonds and pink diamonds. These actions were not only a display of his love for his family, but also became a classic case in the international jewellery market. His generosity and taste made him unique in the social circle and a symbol of both wealth and style.
Philanthropy: Doing good deeds in a low-key manner and benefiting society
If his business achievements are Liu Luanxiong's "hard power", then his charitable contributions are the "soft power" that demonstrates his personal charm. Unlike many wealthy people who do charity in a high-profile manner, Liu Luanxiong's charity work always maintains a low-key and pragmatic style. He firmly believes that "good deeds done for the sake of being seen are not true goodness", so for many years he has quietly supported education, medical care, culture and other fields through his family foundation, benefiting countless disadvantaged groups.
In the field of education, Liu Luanxiong is well aware of the power of knowledge to change destiny. He donated money to build many schools and set up scholarships to support poor students. In 2012, he donated HK$100 million to the University of Hong Kong to support medical research and talent training. In addition, he has also long funded basic education construction in remote areas of the Mainland to provide equal educational opportunities for poor children. These measures not only improve the fate of individuals, but also inject hope into the long-term development of society. In his early years, he donated HK$40 million to the Hong Kong University of Science and Technology to support scientific research development; his charitable foundation has donated more than HK$5 billion in total, covering scholarships, school building construction, etc., paving the way for disadvantaged students to pursue their studies.
In terms of medical care, Liu Luanxiong also spared no effort in donating. He has donated money to institutions such as Hong Kong's Queen Mary Hospital and Prince of Wales Hospital on many occasions to purchase advanced medical equipment and fund patient treatment. What is particularly touching is that he himself had experienced the pain of kidney disease and liver transplant surgery, so he paid special attention to the research of organ transplantation and critical care medicine. During the outbreak of the COVID-19 pandemic in 2020, he quickly donated epidemic prevention materials to many parts of the world through his foundation, demonstrating the social responsibility of an entrepreneur. The "Liu Luanxiong Building of Zhongshan First Hospital", which was completed in 2025, was built with a donation of HK$400 million from him. It is equipped with world-class medical equipment and a helicopter pad, which will greatly enhance the emergency and critical care capabilities of the Guangdong-Hong Kong-Macao Greater Bay Area. This move not only alleviates the pressure on medical resources, but also sets an example for regional integration.
The field of culture and art is also the focus of Liu Luanxiong's charity. As a senior art collector, he is well aware of the importance of cultural heritage. He not only spent money to buy back Chinese cultural relics that had been lost overseas, but also donated some of the treasures to museums free of charge. In 2016, he donated more than 15 million pounds to the University of Oxford in the UK to establish a Chinese Art Research Fund to promote cultural exchanges between China and the West. This move was praised by the academic community as "a model of using private power to promote civilized dialogue."
Liu Luanxiong's philanthropic philosophy emphasizes practical actions and long-term impact. He has funded the construction of many schools to help poor students get better educational opportunities. In addition, his donations to medical causes also provided timely assistance to patients. These good deeds reflect his sense of responsibility as a social elite and also add a warm side to his image.
Challenges and perseverance: the real life behind the legend
Liu Luanxiong's life has not been smooth sailing, and he has faced many challenges, including legal disputes and health problems. However, he always faced adversity with tenacity, demonstrating extraordinary psychological quality and coping ability. Whether it is business turmoil or ups and downs in personal life, he can resolve the crisis with optimism and wisdom. This tenacity is admirable.
It is particularly worth mentioning that Liu Luanxiong has a positive attitude towards health issues. Faced with illness, he chose to fight it bravely and continued to focus on business and charity affairs. His optimism and perseverance not only set an example for those around him, but also allowed the public to see his true and strong side.
Family and inheritance: From storm to perfection
In family and interpersonal relationships, Liu Luanxiong also shows his loyal and righteous side. He and his wifeBao YongqinThey went through the hardships of starting a business together, and even when their marriage changed later, he always acknowledged each other's support in his career. For his children, he focused on cultivating independent personalities and encouraged them to forge their own paths. Business friends describe him as "clear about gratitude and resentment" - he values trust and loyalty with his partners and respects the rules with his competitors. This principle has won him wide respect.
Gambi: Extraordinary in the Ordinary
She has been with Chan Hoi-wan (Gambi), who is a former entertainment reporter, for over 20 years. This relationship breaks the stereotype that "rich families must marry each other". Gambi won trust with her low-key, thoughtfulness and business acumen (such as making a profit of 20 billion from art investment). She also stayed with Liu Luanxiong during his serious illness, leading him to sigh, "If I had realized this earlier, my achievements might have surpassed Li Ka-shing."
Family collaboration to create a business
His wife, Gambi, and his younger brother, Liu Luanhong (Little Liu), jointly manage Chinese Estates Holdings, demonstrating family cohesion. For example, when the Twins in Kai Tak, led by Liu Xi, opened in 2024, Gan Bi publicly supported it, demonstrating the entrepreneurial spirit of "brothers working together can achieve great things".
Art Collection: Cultural Mission and Investment Wisdom
Liu Luanxiong has elevated art appreciation to a strategic level, combining cultural preservation with capital appreciation:
The world's top ten collectors, preserving human treasures
Its collection includes works by masters such as Andy Warhol and Picasso, with a total value of over HK$20 billion. For example, David Hockney's painting "Portrait of an Artist" was sold for HK$230 million, with an appreciation of nearly eight times in five years, demonstrating his unique vision of "using art to make money."
Promote the popularization of art and inspire public aesthetic education
The museum has loaned its collections to international museums on many occasions, such as the Tate Modern in London, to promote cultural exchanges. This move transcends personal taste and is transformed into social and cultural capital.
It is worth mentioning that Liu Luanxiong’s pursuit of a tasteful life has also become one of his personal labels. From collecting top-quality red wine to purchasing a private jet, from bidding for sky-high-priced artworks to building luxury yachts, his lifestyle often becomes the focus of the media. However, this "high-profile enjoyment" does not conceal its diligent nature. He has repeatedly stressed: "Enjoying life is a reward for hard work, but it should never lead to slacking off in one's career." This wisdom of balancing struggle and enjoyment is a vivid reflection of the Hong Kong spirit.
Social responsibility: influence beyond wealth
Liu Luanxiong's influence is not only in the business landscape, but also in leading by example and reshaping the image of entrepreneurs:
Face up to controversy and be open-minded
Although he did not appear in person to answer the allegations of bribery in Macau, he actively responded through legal channels and used charitable actions to rebuild public trust, proving his principle of "the innocent will be cleared".
Encourage the younger generation and pass on experience
His rags-to-riches story and "buy low, sell high" philosophy have become teaching materials in business schools, inspiring countless young entrepreneurs. Forbes' evaluation that it "remains undefeated throughout economic cycles" is the highest praise for its resilience.
Revelation of the times: multiple interpretations of entrepreneurship
Liu Luanxiong's career provides rich annotations for "entrepreneurship". He possesses both the hardworking and diligent nature of a traditional industrialist and the adventurous courage of a modern capitalist; he pursues the maximization of commercial interests while also remembering his responsibility to give back to society. This diverse character makes him a representative figure during Hong Kong's economic transformation.
In today's era of globalization and technological revolution, Liu Luanxiong's story is still inspiring: he reminds the world that business success is inseparable from insight into trends, philanthropy requires sentiments that transcend utilitarianism, and the true value of life lies in how to create wealth while leaving a mark that benefits future generations.
A legend beyond wealth
Liu Luanxiong's extraordinary life stems from his keen sense of opportunities, sense of responsibility, and insight into human nature. From business competition to charitable contributions, from art halls to family warmth, he proved that true success does not lie in the number of wealth, but in how to use wealth to nourish society and give back to life. As the name of the medical building he donated, "Liu Luanxiong Building", suggests, it is not only a landmark but also a spiritual monument, engraved with an entrepreneur's affectionate response to the times.
Liu Luanxiong's legend will eventually go beyond the scope of monetary figures. His life is a moving symphony of ambition and compassion, adventure and perseverance. From fan factories to skyscrapers, from stock market turmoil to hospital wards, he always writes his own history in a unique way. Just like his favorite works of art - those treasures that still shine brightly after years of use - Liu Luanxiong's story will also be passed down for a long time on the banks of the Hong Kong River, inspiring future generations to ponder the true meaning of wealth and the significance of life.
