Sunny Chai (EMBA 2007), Stewart Cheng (MBA 1983) and Joseph Cheung (BBA 1979) Appointed CUHK Honorary Fellows
The Chinese University of Hong Kong (CUHK) held its 21st Honorary Fellowship Presentation Ceremony on 29 May on campus. Six distinguished people, including three Business School alumni, Dr Sunny Chai Ngai-chiu (EMBA 2007), Mr Stewart Cheng Kam-chiu (MBA 1983) and Mr Joseph Cheung Wang-ngai (BBA 1979) were appointed honorary fellows in recognition of their exceptional achievements within their professions and their outstanding contributions to the University, and the wider community.
(Front row) Group photos of the honorary fellows, Council Chairman Professor John Y.C. Chai (7th right), Provost Professor Alan K.L. Chan (7th left), and Pro-Vice-Chancellors Professor Nick Rawlins, Professor Sham Mai-har, Professor Poon Wai-yin (1st-3rd left), Professor Anthony Chan and Professor Chan Wai-yee (2nd-3rd right), and Vice-President Mr Eric Ng (1st right).
Dr Sunny Chai Ngai-chiu (EMBA 2007)
Dr Sunny Chai Ngai-chiu, group managing director of Fook Tin Group Holding Limited, has been chairman of Hong Kong Science and Technology Parks Corporation since 2018, and has been chairman of the Federation of Hong Kong Industries since 2021. After graduating with a BSc from the Rochester Institute of Technology in the US in 1988, Dr Chai completed the Executive MBA Programme at CUHK in 2007, and was awarded a Doctor of Engineering degree by the City University of Hong Kong in 2010. Since taking over the family business more than three decades ago, he has successfully developed it from a small lighting and general merchandise factory into the world’s leading manufacturer of scales, earning himself the nickname “king of scales”. In the 1990s, he made several overseas acquisitions to help master top-of-the-line scale manufacturing technologies and successfully developed a range of medical, industrial and automotive scales. In 2004, he received the Young Industrialist Award of Hong Kong. Dedicated to serving the community, Dr Chai has taken on various public roles, including member of the CPPCC National Committee, member of the Chief Executive’s Council of Advisers, member of the Advisory Committee on Attracting Strategic Enterprises, chairman of the HKSAR’s Professional Services Advancement Support Scheme Vetting Committee, the Hong Kong Trade Development Council’s Innovation and Technology Advisory Committee, and the Advisory Board to CUHK’s Faculty of Engineering. In, 2018, Dr Chai was awarded the Bronze Bauhinia Star for his outstanding contribution to the promotion of innovation, technological development and industrial advancement in Hong Kong, and was also conferred a University Fellowship by the Hong Kong Polytechnic University. He was appointed as a Justices of the Peace in 2021, and was conferred an Honorary Fellowship and the Distinguished Alumni Award by the City University of Hong Kong in 2022.
Mr Stewart Cheng Kam-chiu (MBA 1983)
Mr Stewart Cheng Kam-chiu is the chairman and executive director of New Times Energy Corporation Ltd., and managing director of Cheung Hung Development (Group) Co., Ltd. He holds a bachelor degree in civil and environmental engineering from the University of Wisconsin-Madison, a master’s in civil engineering from the University of California, Berkeley; and a master’s in business administration from CUHK. A professional engineer with extensive experience in property development and construction management, Mr Cheng is also a member of the Hong Kong Institution of Engineers. He has taken an active role in urban construction in both Hong and his hometown of Shunde, with his rich knowledge and extensive practical engineering management skills. Inheriting a charitable spirit from his father, he has made continuous donations for public welfare locally and in Shunde, which has earned him the title of honorary citizen of Shunde District. He joined the Board of Trustees of CUHK’s Shaw College in 2011 and subsequently became the second vice-chairman of the Board. Over the years, Mr Cheng has donated or pledged to donate over HK$14 million to Shaw College and the University to support the education of younger generations and breast cancer research. He serves as a member of the University Campus Planning and Building Committee, providing valuable advice to the University.
Mr Joseph Cheung Wang-ngai (BBA 1979)
Mr Joseph Cheung Wang-ngai graduated with First Class Honors in Business Administration (Accounting Major) at CUHK in 1979. He was awarded the prestigious Sir Run Run Shaw Postgraduate Scholarship to pursue further legal graduate studies at the London School of Economics and Political Science. He obtained PCLL from the University of Hong Kong and qualified as a solicitor of the Supreme Courts of Hong Kong and England and Wales respectively in 1983 and 1986. He had been a partner of the law firm Messrs. C. Y. Kwan and Co for almost twenty years before founding an asset management company, Oasis Investment Management Company Limited. He is currently the CEO of the company, a legal consultant to a law firm as well as a founder and director of iIDEAS, a biotech company specialising in innovative AI and robotic medical devices. Mr Cheung is qualified professionally in law, accounting, and finance in various jurisdictions. He holds master’s degrees from the London School of Economics and Political Science, University of Warwick, University of London (University College), Hong Kong University of Science and Technology, and New York University Stern School of Business. He has served on various public and government committees, including the HKSAR Passports Appeal Board, the Inland Revenue Board of Review and Users’ Committee, the Guardianship Board, and as Honorary Legal Adviser to Diocesan Boys’ School and the Chairman of the Appeal Tribunal Panel appointed under Section 45 of the Buildings Ordinance. He is a member of the Advisory Board of the Master of Science in Quantitative Finance Program at NYU Shanghai and NYU Stern. Over the years, Mr Cheung has been a staunch supporter of the development of United College and the Faculty of Law at CUHK, making generous donations to various causes, including academic research, and exchange scholarships, student activities, mentorship programs, and academic staff research awards. He is presently a member of the Board of Trustees of United College and the Advisory Board of the Faculty of Law, giving invaluable advice to the College and Faculty.
The other appointed fellows are Professor Jack Cheng Chun-yiu, an eminent paediatric orthopaedics specialist; Mrs Janice Choi, an advisor and legal director of Sunwah Group, a consultant for a law firm and a non-executive director of Sunwah Kingsway Capital Holdings Limited; Professor Takanori Kitamura, a veteran diplomat of the Ministry of Foreign Affairs of Japan.
Source: “The Chinese University of Hong Kong 21st Honorary Fellowship Presentation Ceremony”, Press Release from the Communications and Public Relations Office of the CUHK