Raymond Kwok

Hong Kong businessman

Sun Hung Kai Properties, the largest property developer in Hong Kong, operates under the leadership of Raymond Kwok Ping-luen. As the youngest son of founder Kwok Tak Seng, he manages the firm alongside his roles at SUNeVision Holdings Ltd. and SmarTone Telecommunications Holdings Limited, overseeing a substantial portfolio within the Greater China Region.

Academic Background

Kwok holds a law degree from Cambridge University and an MBA earned at Harvard University, having also attended Harvard Business School. His academic contributions have been recognized through an Honorary Doctorate in Business Administration from the Open University of Hong Kong and an Honorary Doctorate in Laws from the Chinese University of Hong Kong.

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Market Standing and Wealth

The Kwok brothers represent the third wealthiest family in Asia. Forbes estimated the combined net worth of the Kwok family at US$40.4 billion. In 2011, the brothers held a combined wealth of US$17 billion, a figure that increased to US$17.9 billion by 2016. They maintain a commercial position only surpassed by Li Ka Shing and Lee Shau Kee within the local market.

Legal Proceedings

In March 2012, authorities arrested Raymond Kwok and his brother Thomas Kwok on bribery charges. Both entered pleas of not guilty in 2013 regarding allegations of improper payments and loans involving former Chief Secretary for Administration Rafael Hui. By December 2014, the courts cleared Raymond Kwok of all charges, while Thomas Kwok faced conviction for conspiracy to commit misconduct in public office.

Public and Committee Service

Kwok serves as a member of the National Committee of the Chinese People's Political Consultative Conference. In September 2021, during a mandated outreach event for the Election Committee where members were directed to engage with the public for two hours, Kwok attended his booth for a few minutes before departing.

Fast facts

Questions readers ask

What is Raymond Kwok's primary business role?

He serves as the chairman and managing director of Sun Hung Kai Properties.

Was Raymond Kwok convicted of bribery charges?

No, he was cleared of all corruption charges in December 2014.

Achievements

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