Wu Ying Sheung Gordon

Hong Kong businessman (born 1935)

Sir Gordon Wu Ying-sheung (Chinese: 胡應湘; born 1935, Hong Kong) is a Hong Kong businessman. He is the chairman of the board of Hong Kong-listed Asian infrastructure firm Hopewell Holdings Ltd.2

From Wikipedia’s article on Wu Ying Sheung Gordon (this version), CC BY-SA 4.0.

Born Dec 3, 1935.1

About

Sir Gordon Wu Ying-sheung, (Chinese: 胡應湘; born 1935, Hong Kong) is a Hong Kong businessman. He is the chairman of the board of Hong Kong-listed Asian infrastructure firm Hopewell Holdings Ltd.

From Wikipedia’s article on Wu Ying Sheung Gordon, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedPrinceton University3

Wu attended Wah Yan College, a Jesuit secondary school in Hong Kong. After finishing secondary school he registered in 1953 at the University of Manitoba and studied engineering, then transferred to Princeton University and graduated with a Bachelor of Science in Engineering (BSc.Eng.) in 1958, and currently serves as a trustee.

As one of the founders of Hopewell, he was the managing director from 1972 to 2002. In January 2002, he retired as the managing director of the company but remains as chairman of the board. He was responsible for Hopewell's infrastructure projects in mainland China and Southeast Asia and has been involved in the design and construction of many buildings and development projects in Hong Kong and mainland China. He is also the chairman of Hopewell Highway Infrastructure Limited, subsidiary of Hopewell listed in August 2003, and an independent non-executive director of i-Cable Communications Limited.

In 1984, Wu donated US$5 million worth of his company shares to Princeton University and formed a charity fund. Wu also pledged US$100 million to the university, a sum he planned to make available for university use in 2008, on the occasion of his 50th reunion. In a talk given in October 2006, however, Wu revealed intentions of making the contribution available to the university sooner. He completed this pledge, with the last payment in 2006–2007.

He is Chairman of the Council of the Hong Kong Polytechnic University.

From Wikipedia’s article on Wu Ying Sheung Gordon (this version), CC BY-SA 4.0.

Career

Occupation: entrepreneur, politician, businessperson.6

  • Date not recordedFounded Hopewell Holdings4
  • Date not recordedMember of the National Committee of the Chinese People's Political Consultative Conference5

Wu has been an advocate for more than two decades for the construction of Asia's largest bridge project linking Hong Kong, Macau, and China's Zhuhai city. The Hong Kong-Zhuhai-Macau Bridge project was given support by the PRC government in August 2003. The bridge traverses two man-made islands, allowing it to go through an undersea tunnel and let shipping pass. The concept is based on the existing Chesapeake Bay Bridge-Tunnel in Virginia, United States.

Since the 1980s, Wu has steered Hopewell Holdings towards developing his vision of creating an advanced transport system for China's manufacturing powerhouse in the Pearl River Delta, which includes much of Guangdong Province and makes use of its proximity to Hong Kong to access professional services and logistics.

Wu has predicted that commercial development in Hong Kong will focus upon the growth of four major pillar industries including retailing, tourism, and logistics. He predicts a diminishing role for the property and textiles industries.

Gordon Wu designed the first build-operate-transfer (BOT) project for the China Hotel in 1979, thus "leading the way" into China. Wu and Hopewell went on to build power plants (Shajiao B and C) and other infrastructure projects in China, using the BOT structure.

From Wikipedia’s article on Wu Ying Sheung Gordon (this version), CC BY-SA 4.0.

Personal life

  • BornDec 3, 1935, British Hong Kong7
  • CitizenshipBritish Hong Kong, People's Republic of China8
  • SpouseKwok Sau Ping9

Politics

Gordon Wu has spoken out in opposition to the development of democracy in Hong Kong. He joined more than 80 of Hong Kong's richest business tycoons and their heirs apparent headed for Beijing on 26 September 2003 on an annual pilgrimage. The same year, he told the Chinese University of Hong Kong executive MBA programme that he opposed direct elections in Hong Kong which, he believed, would cause many problems. Noting that only 10 per cent of Hong Kong citizens pay taxes, with the remaining 90 per cent receiving subsidies in various forms, e.g., public housing, healthcare, and education, if direct elections were introduced, this group would, with the help of the politicians they had voted in, "get not only free lunches, but free dinners and breakfasts."

In the run up to the December 2005 protest for democracy in Hong Kong, he said that demonstrators are mobs, and democracy is mobocracy. At a meeting attended by then Vice President Xi Jinping in 2010, he stated, "A small number of people... are against everything the SAR government wants to do and against everything that's from the central government. They are also using such slogans as 'uprising' and 'liberation'. These show they have hidden purposes."

From Wikipedia’s article on Wu Ying Sheung Gordon (this version), CC BY-SA 4.0.

Awards

  • 2021Tatler Most Influential Hong Kong10 11
  • 1997Knight Commander of the Order of St Michael and St George10
  • Date not recordedGold Bauhinia Star10
  • Date not recordedhonorary doctor of the Hong Kong Polytechnic University10