Lui Che-Woo
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Lui Che-Woo

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K Wah International
Lui Che-Woo
Lui Che-Woo
The latest stories on Lui Che-Woo, Hong Kong casino magnate, investor and philanthropist, including business and property news.
Born
9 Aug 1929
Industry
Business
Job Title
Chairman of K.Wah Holdings
Francis Lui, chairman of Galaxy Entertainment Group. Illustration: Henry Wong
Macau

Exclusive | New Galaxy Macau chairman builds constellation of 5-star hotels

Francis Lui adds the opulent Capella hotel to the second-largest casino and resort operator’s growing universe of lodgings and attractions.

Casinos

Galaxy Entertainment names founder Lui Che-woo’s son as chairman

Hong Kong property

Lui Che-woo, property and casino magnate of K. Wah and Galaxy, dies at 95

Hong Kong property

K Wah’s profit falls by more than half amid Hong Kong’s higher interest rates

K Wah, the property developer owned by one of Macau’s biggest casino owners, said its first-half profit declined by more than half after Hong Kong’s elevated interest rates dampened demand for homes.

Hong Kong’s Kowloon peninsula. It ‘is well positioned to prudently capture any opportunities in Hong Kong and the mainland’, K Wah says. Photo: Elson Li
Macau

Galaxy Entertainment’s revenue jumps 72 per cent as tourists return to Macau

Casino operator posts first-quarter revenue of HK$7.05 billion (US$901.8 million) versus HK$4.1 billion a year ago, with chairman Lui Che-woo saying new facilities will create 900 jobs for Macau residents.

Millionaires and billionaires

Li Ka-shing still Hong Kong’s richest person with US$39 billion: Forbes

The Forbes Hong Kong Richest list reveals that of the city’s top 50 billionaires, 20 of them made their fortunes in property, six in the manufacturing sector and four in logistics. Their combined wealth is US$324 billion, down US$4 billion from last year.

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Hong Kong property

K Wah reports first decline in core profit since 2017 in absence of Galaxy dividend

K Wah International Holdings, the property developer owned by one of Macau’s biggest casino owners, reported its first drop in annual core earnings since 2017 after a Covid-19 led tourism slump deprived it of dividends from the gambling business.

Lui Che-Woo, the chairman of K Wah International as well as Galaxy Entertainment Group. Photo: Bloomberg
Fame and celebrity

Explainer | Family town of Lui Che-woo and Andy Lau is GBA’s second poorest

Jiangmen ranks as the second poorest city in the Greater Bay Area. Yet, it is rich in its own way, counting a casino tycoon, an ex-NBA star, the king of oyster sauce, and Hong Kong’s movie icons among its natives and benefactors.

Lui Che Woo prize goes to United Nations agency for disaster relief

Pratham Education Foundation, an NGO focused on underprivileged children in India and Hans-Josef Fell, a German pioneer in renewable energy, were winners in other two categories.

K Wah International

Developer K Wah eyes expansion in rich mainland areas

Oliver Lam, chief financial officer of K Wah International, said the company will focus on the Yangtze and Pearl river delta regions for now. Photo: Jonathan Wong
Hong Kong housing

K Wah’s Lui Che-woo to return Hong Kong quarry site for housing

Tycoon to return Hong Kong’s largest quarry site to government for building 10,000 homes
HK handover 20th anniversary

New | The secret to Hong Kong tycoons’ success in one word: diversify

Update | Tycoon Lui Che-woo launches HK$60 million prize for contributors to ‘world civilisation’ with heavyweight council

Hong Kong property tycoon and casino owner Lui Che-woo yesterday launched a HK$60 million annual award, named after himself, to honour people who contribute to "world civilisation".

Macau

First new casino opens since Beijing turned tables on Macau

Under pressure from Beijing, Galaxy's expansion is as much about tourism and leisure as gaming.

Galaxy Entertainment tycoon Lui Che-woo at the opening ceremony yesterday. Photo: Jonathan Wong

Property revaluation gains boost K Wah’s bottom line

K Wah International chairman Lui Che-woo. Photo: Bloomberg
Li Ka-shing

New | Cheung Kong boss Li Ka-shing leads pack of world's richest Chinese

Adelson to take helm at Sands China, Galaxy unveils new Macau casino complexes

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Import workers to solve rising costs, says K Wah chairman Lui Che-woo

The government should import workers to cope with the problem of increasing construction costs, K Wah International chairman Lui Che-woo says of a problem brought on in part by an ageing population in Hong Kong.

Lui Che-woo said prices of properties in second- and third-tier cities on the mainland would drop sharply.

Galaxy casino chairman Lui Che-woo wants to expand beyond Macau

Lui Che-woo became Asia's second-richest person by setting up a casino company that within a decade became the world's third-biggest by market value. The 84-year-old says he is just hitting his stride.

Galaxy Entertainment

Macau's casino boom propels Lui Che-woo to No 2 on Hong Kong's rich list

Galaxy Entertainment chairman Lui Che-woo has ridden Macau's casino boom to become Hong Kong's second-richest person, according to Forbes magazine.

K Wah International

Monday Face: Lui Che-woo

Chariman of K Wah Group and Galaxy Entertainment Group, Lui Che-woo at last year's Galaxy Macau Resort opening. Photo: Jonathan Wong
Xi Jinping

Lai See | Clearer air at the end of the tunnel at last

Regina Ip

Galaxy aiming for the stars

VIP players help Galaxy win big

South China Sea

Chairman builds a rock-solid foundation

Coffin a 'sick joke'

Shareholder reduces stake

Hotel owners urge caution

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