Unlike other players, the boss of China Properties maintains his focus on key cities in the mainland
A self-confessed workaholic who has never touched a golf club in his life, property developer Wong Sai-chung is always on the scout for new business opportunities.
After more than 30 years in business, the managing director of Hong Kong-listed China Properties Group is considered a bit of a corporate jack-of-all-trades.
After starting as a steel trader in West Africa in the 1970s, he moved into watch and cosmetic manufacturing before riding the property boom in Hong Kong in the 1990s.
Now with the mainland economy surging, the 57-year-old is heavily focused on the property market in key cities including Shanghai where his landmark Concord Plaza is located.
But his enthusiasm for property is tinged with caution, warning prices are 'crazy' and that the market could be headed for a slump.
After privatising Pacific Concord in 2003, he hived off China Properties Group in a HK$1.6 billion initial public offering in February this year.
