Hong Kong Business Directory

Company Background

Chow Tai Fook Enterprises Limited (“CTFE”) is the flagship private investment holding company of the Cheng Family and is part of the group of companies under the “Chow Tai Fook” name founded by the Cheng Family in 1929. CTFE is a premier family investor with strategic investments in energy, aircraft leasing, healthcare, education and media; marquee investments in prime real estate and hospitality services; private equity investments in quality growth companies mainly in the technology sector and a liquid portfolio of equities and bonds. CTFE is also the largest shareholder of New World Development Company Limited (Hong Kong stock code 0017), a constituent stock of the Hong Kong Hang Seng Index with assets of over US$77 billion as of June 2020. CTFE, together with its subsidiaries and jointly controlled entities, has operations in more than 24 countries globally.