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Henry Fok Tells his Story

Henry Fok Tells his Story Book review Book review Mingpao Press Review DOI 10.1108/JEEE-07-2016-0023 Henry Fok (1923-2006) is like the marmite of the entrepreneurship world of Hong Kong, you either love him or loathe him. A native of Hong Kong, from the fisherfolk community that experienced centuries of discrimination by the mainlanders, his entrepreneurial success despite his humble beginning encapsulate the “Lion Rock spirit” that have contributed to the territory’s transition from a backwater entrepôt into the major commercial powerhouse. However, his rise to prominence is not without controversy. His pro-China stance and in particular, the trade activities that he engaged with China at the time of UN embargo upset many and in many ways diminished his achievements. People, however, cannot argue that he was simply an opportunist. When China began to open in the late 1970s, he was some of the first investors to invest into the country, built one of its first western hotels, alongside multiple development projects that improved the economic and social wellbeing of those involved. One should also not neglect his charitable work through the Fok Ying Tung Foundation, which he founded in 1984. But how did he overcome his tough childhood and turn his luck around, and come http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Entrepreneurship in Emerging Economies Emerald Publishing

Henry Fok Tells his Story

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
2053-4604
DOI
10.1108/JEEE-07-2016-0023
Publisher site
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Abstract

Book review Book review Mingpao Press Review DOI 10.1108/JEEE-07-2016-0023 Henry Fok (1923-2006) is like the marmite of the entrepreneurship world of Hong Kong, you either love him or loathe him. A native of Hong Kong, from the fisherfolk community that experienced centuries of discrimination by the mainlanders, his entrepreneurial success despite his humble beginning encapsulate the “Lion Rock spirit” that have contributed to the territory’s transition from a backwater entrepôt into the major commercial powerhouse. However, his rise to prominence is not without controversy. His pro-China stance and in particular, the trade activities that he engaged with China at the time of UN embargo upset many and in many ways diminished his achievements. People, however, cannot argue that he was simply an opportunist. When China began to open in the late 1970s, he was some of the first investors to invest into the country, built one of its first western hotels, alongside multiple development projects that improved the economic and social wellbeing of those involved. One should also not neglect his charitable work through the Fok Ying Tung Foundation, which he founded in 1984. But how did he overcome his tough childhood and turn his luck around, and come

Journal

Journal of Entrepreneurship in Emerging Economies – Emerald Publishing

Published: Sep 5, 2016

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