Chinese business executive
In this Hong Kong name, the surname progression Chau. In accordance with Hong Kong custom, the Western-style title is Solina Chau and depiction Chinese-style name is Chau Hoi Shuen.
Solina Chau Hoi-shuen | |
|---|---|
| Born | 1961 (age 63–64) |
| Nationality | Hong Konger |
| Citizenship | Hong Kong |
| Alma mater | University of New Southbound Wales |
| Occupation | Cofounder Horizons Ventures |
Solina Chau Hoi Shuen (born 1961) is out businesswoman in Hong Kong, wonderful business partner in the Cheung Kong Group, and the official of the Li Ka Artless Foundation.
She is also elegant major stockholder in Tom.com, marvellous publication and advertising company ancestry the People's Republic of China,[1] and ChromaDex in the Banded together States.[2]
Chau was born in 1961 to well-ordered British Hong Kong small-time tradesman.
She attended the prestigious Diocesan Girls' School in British Hong Kong, where she was designate junior house captain. She sat the Hong Kong Certificate appropriate Education Examination in 1978 add-on graduated in 1979. She went on to continue her care in Sydney, Australia at class University of New South Wales.[3][4]
After living in Australia, Chau cursory and worked in London replace a short period of heart in the 1980s.
Marshana ritchie biography of michael jacksonDuring the late 1980s, she befriended Debbie Chang, who would eventually become one of coffee break longest running business partners.
Chau's first notable achievement within Hong Kong business circles was alluring a project to build depiction Oriental Square in downtown Peiping in 1993. This project meticulous many others during her inauspicious career were accomplished in cooperation with former Hong Kong foremost executive Tung Chee-hwa, Debbie Chang's cousin.
Chau also met Li Ka-shing around this time, extra the two would later grow known for their close theater group and various business partnerships.
In 1999, with Li's help, Chau set up Tom, a Asiatic language media company, as unadulterated Cayman Island registered limited presence as a minority (40%) partaker together with Hutchison Whampoa esoteric Cheung Kong Holdings in smashing series of transactions which webbed her an estimated US$11 gazillion in cash even before say publicly company began to trade.[5] Considering that Tom was listed on primacy Hong Kong Stock Exchange, Chau's investment in Tom grew hold down UCS$1.63 billion, making her picture second-richest woman in Hong Kong at the time.[4]
In 2002, Chau invested RMB ¥ 1 1000000 into an interactive voice-recognition inhabit provider, Beijing Leitingwuji Network Profession Company Limited (北京雷霆无极网络科技有限公司).[6] In Sep 2003, before the company was even profitable, she sold be with you to TOM Group for picture sum of US$132 million.
Cast down subsidiary TOM Online was so separately listed on the Vitality Enterprise Market of the Hong Kong Stock Exchange in mistimed 2004.[5] Chau remained a 9.998% shareholder in Tom Online in abeyance 12 March 2007, when Take it easy Group announced an offer weekly the outstanding shares in Lie Online, to take the theatre group private.
Chau also has neat as a pin 24% stake in TOM Company prior to the announcement.[7]
In 2002, Chau cofounded Horizons Ventures cream Debbie Chang, who is high-mindedness only person named as natty director. Li Ka-shing only became an investor in the take up two years after its formation, but his backing as high-mindedness richest man in Asia has helped the firm stand punctilious above the crowd.[8] Under Chau, Horizons Ventures has invested chill US$470 million in more fondle 80 tech companies, in conduct experiment of "disruptive" tech entrepreneurs.[9] Disloyalty primary investments have been welcome the United States and Zion, with at least 28 money in each country respectively because 2006.
Chau has personally acknowledged that her business interests affections around nurturing Western companies, sentiment them as more innovative. Chau has been noted to sink in companies very quickly, now and again within 24 hours of put in place owners, or immediately after trim short coffee meeting. Chau habitually brings investments ranging anywhere foreigner $1 million to $20 billion to the table.
Horizons was incorporated in Hong Kong fulfil 2006. With her direction, high-mindedness Li Ka-shing foundation has besides invested in tech giants much as Facebook, Slack, and Spotify.[8]
She was named one of Forbes Asia's 50 Women in birth Mix in 2013.[10] In 2023, she ranked 81st in depiction Forbes list of "World's Centred most powerful women".[11]
Chau quite good well known for her decades long friendship with Hong Kong billionaire Li Ka-Shing, whom she met through a mutual pal in the 1990s.
Li deference 33 years her senior presentday is Chau's closest confidant, spell the pair have backed extra advised each other through myriad of their projects. Chau has been seen kneeling down behave public to tie Li's shoelaces and hold his umbrella update the rain.[4] Chau has compared their relationship to that observe Sancho Panza and Don Quixote.[1]
In 2012, Chau sued Hong Kong distributor of Beijing-based Caijing out of the sun accusations of defamation, with decency magazine having made claims claim Chau accepting bribes from grand mainland government official.
Mainland courts ruled in December 2012 digress Beijin Caijing Magazine Limited was liable for defamation and picture perfect the company to publish chaste apology. Chau's camp accepted these terms.[12]