“红色资本家”放眼非洲
Larry Yung: China’s first ‘red tycoon’
From his office in the glass-covered Citic Tower, the company’s chairman Larry Yung can enjoy two somewhat contradictory views of modern Hong Kong.
On one side is the territory’s splendid harbour, criss-crossed by ships that act as constant reminders of its citizens’ hunger for commerce. On the opposite side, the drab headquarters of the Chinese army, whose lifeless exterior belies the activities of the men charged with policing the capitalist enclave.
This tension between entrepreneurial endeavour and attention to the wishes of his political masters has marked the long-career of the 64-year-old billionaire.
The scion of a powerful Shanghai family that fell on hard times during the Cultural Revolution and was rehabilitated by the reformist leader Deng Xiaoping, Mr Yung became the first tycoon from communist China to make his mark abroad.
Helped by impeccable political connections
