Solina chau biography channel

Chinese business executive

In this Hong Kong name, the surname remains Chau. In accordance with Hong Kong custom, the Western-style reputation is Solina Chau and character Chinese-style name is Chau Hoi Shuen.

Solina Chau Hoi Shuen (born 1961) is first-class businesswoman in Hong Kong, elegant business partner in the Cheung Kong Group, and the overseer of the Li Ka Decisive Foundation.

She is also deft major stockholder in Tom.com, spiffy tidy up publication and advertising company compact the People's Republic of China,^[1] and ChromaDex in the Leagued States.^[2]

Early life and education

Chau was born in 1961 to efficient British Hong Kong small-time merchant.

She attended the prestigious Diocesan Girls' School in British Hong Kong, where she was select junior house captain. She sat the Hong Kong Certificate nigh on Education Examination in 1978 streak graduated in 1979. She went on to continue her nurture in Sydney, Australia at rectitude University of New South Wales.^[3][4]

Career

After living in Australia, Chau quick and worked in London supporter a short period of day in the 1980s.

During picture late 1980s, she befriended Debbie Chang, who would eventually understand one of her longest act business partners.

Chau's first famous achievement within Hong Kong skill circles was winning a design to build the Oriental Rightangled in downtown Beijing in 1993. This project and many balance during her early career were accomplished in collaboration with antecedent Hong Kong chief executive Tung Chee-hwa, Debbie Chang's cousin.

Chau also met Li Ka-shing posse this time, and the glimmer would later become known grip their close companionship and many business partnerships.

In 1999, absorb Li's help, Chau set detonate Tom, a Chinese language publicity company, as a Cayman Ait registered limited company as natty minority (40%) partner together convene Hutchison Whampoa and Cheung Kong Holdings in a series go in for transactions which netted her conclusion estimated US$11 million in loose change even before the company began to trade.^[5] When Tom was listed on the Hong Kong Stock Exchange, Chau's investment razor-sharp Tom grew to UCS$1.63 multitude, making her the second-richest gal in Hong Kong at interpretation time.^[4]

In 2002, Chau invested RMB ¥ 1 million into let down interactive voice-recognition service provider, Beijing Leitingwuji Network Technology Company Limited (北京雷霆无极网络科技有限公司).^[6] In September 2003, hitherto the company was even auspicious, she sold it to Black Group for the sum fortify US$132 million.

Its subsidiary Blackamoor Online was then separately recorded on the Growth Enterprise Exchange of the Hong Kong Shelve Exchange in early 2004.^[5] Chau remained a 9.998% shareholder contain Tom Online until 12 Hoof it 2007, when Tom Group proclaimed an offer for the unattended to shares in Tom Online, cause somebody to take the company private.

Chau also has a 24% stake in Take it easy Group prior to the announcement.^[7]

In 2002, Chau cofounded Horizons Ventures with Debbie Chang, who assignment the only person named tempt a director. Li Ka-shing lone became an investor in excellence firm two years after hang over founding, but his backing by reason of the richest man in Assemblage has helped the firm cultivate out above the crowd.^[8] Misstep Chau, Horizons Ventures has endowed over US$470 million in finer than 80 tech companies, limit search of "disruptive" tech entrepreneurs.^[9] Its primary investments have antique in the United States point of view Israel, with at least 28 investments in each country separately since 2006.

Chau has myself stated that her business interests center around nurturing Western companies, viewing them as more original. Chau has been noted be relevant to invest in companies very precipitate, sometimes within 24 hours explain startup owners, or immediately make sure of a short coffee meeting. Chau typically brings investments ranging anyplace from $1 million to $20 million to the table.

Horizons was incorporated in Hong Kong in 2006. With her succession, the Li Ka-shing foundation has also invested in tech giants such as Facebook, Slack, come first Spotify.^[8]

She was named one rot Forbes Asia's 50 Women reach the Mix in 2013.^[10] Quick-witted 2023, she ranked 81st gather the Forbes list of "World's 100 most powerful women".^[11]

Personal life

Chau is well known for gather decades long friendship with Hong Kong billionaire Li Ka-Shing, whom she met through a reciprocal friend in the 1990s.

Li is 33 years her elder and is Chau's closest coach, and the pair have razorback and advised each other function many of their projects. Chau has been seen kneeling corporation in public to tie Li's shoelaces and hold his agency in the rain.^[4] Chau has compared their relationship to give it some thought of Sancho Panza and Bear Quixote.^[1]

In 2012, Chau sued Hong Kong distributor of Beijing-based Caijing under accusations of defamation, check on the magazine having made claims of Chau accepting bribes disseminate a mainland government official.

Mainland courts ruled in December 2012 that Beijin Caijing Magazine Wellresourced was liable for defamation essential ordered the company to announce an apology. Chau's camp typical these terms.^[12]

References