Hung Cheong Import & Export Ltd – YKK Zippers’ Hong Kong agent
York Lo: The authorized agent for YKK zippers in Hong Kong since the 1950s has been Hung Cheong Import & Export Ltd (鴻昌), which was founded by Kwok Tak-seng (郭得勝, 1911-1990) and Yeung Yiu-chung (楊耀松, 1921-2003).
The profits from selling YKK zippers formed the foundations of two multi-billion real estate fortunes as Kwok went on to start Sun Hung Kai Properties (which started out developing many industrial buildings before going into residential and commercial real estate) and Yeung became known as the king of industrial buildings (his Shun Cheong Co has developed at least eight industrial buildings which are named after him and also owns many other commercial and industrial properties).
As SHKP grew, Kwok Tak-seng handed the management of Hung Cheong to his younger brother Kwok Tak-biu and Tak-biu’s son Kwok Ping-yim (郭炳炎) although Tak-seng’s eldest son Walter Kwok stayed on the board of Hung Cheong.
Thanks to York Lo for sending the photo of Yeung Yiu-chung and Industrial Building No.5.
This article was first posted on 6th October 2016.
- Next Magazine article about the lesser known branch of the Kwok family which runs Hung Cheong:
List of properties own by Shun Cheong Co:
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