Treasury chief biggest property owner among Hong Kong top officials, gov't information reveals

Hong Kong’s top official with the most assets is Secretary for Financial Services and the Treasury Christopher Hui, according to government information. He declared a total of seven properties and four parking spaces in Hong Kong and elsewhere owned by him and his family.

Declarations of interests made by the chief executive, secretaries of departments, deputy secretaries of departments, directors of bureaux, the director of the Chief Executive’s Office and members of the Executive Council (ExCo) were made public on Thursday.

Christopher Hui

Hui, who has been the head of the Financial Services and the Treasury Bureau since 2020, with his family and wife owns four homes in Hong Kong, one in the mainland Chinese city of Hangzhou, one in Australia and one in Singapore. The properties also come with a total of four parking spaces.

Chief Executive John Lee declared that owns one self-occupied residential flat with carpark in Yau Tsim Mong district. His wife owns 50 per cent of the flat.

Officials declared between one and three homes in Hong Kong. Some declared overseas properties.

Secretary for Culture, Sports and Tourism Kevin Yeung was the only cabinet member with no assets declared.

Government advisors Arthur Li, Kenneth Lau and Jeffrey Lam owned the most assets among non-official members. Between them they own 66 properties, 28 parking spaces and 461 pieces of land in Hong Kong, in mainland China and overseas.

Arthur Li

Executive councillor Arthur Li, who is also a non-executive director of several companies, including the Bank of East Asia, Shangri-La Asia and Greater Bay Airlines, declared 33 properties across Hong Kong, including one hotel in the Yau Tsim Mong district.

Li also declared two properties in an affluent area of West London in the UK, and 17 parking spaces in Hong Kong.

Kenneth Lau

Lawmaker Kenneth Lau, who has headed Hong Kong’s rural advisory body Heung Yee Kuk since 2015, declared 456 pieces of land in Tuen Mun, Yuen Long, Tai Po and North Districts. He also declared two plots of factory land in Hubei and Huizhou in mainland China.

Lau’s portfolio also includes 15 residential properties and five commercial properties in Hong Kong.

Jeffrey Lam

Lawmaker and businessman Jeffrey Lam declared three residential properties in Hong Kong, seven commercial properties, including six factory units and one block of 12-storey industrial building. These properties come with a total of 11 car parks.

Lam also declared one factory building and three pieces of land in Foshan, China.

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