Cheung Chung-kiu or Zhang Songqiao (; born 1964) is a Chinese billionaire businessman. He is the chairman of C C Land, Y.T. Realty and Yugang International.

Early life

Cheung was born in 1964 in

Chongqing ChongqingPostal Romanization, Previously romanized as Chungking ();. is a direct-administered municipality in Southwestern China. Chongqing is one of the four direct-administered municipalities under the State Council of the People's Republi ...

, China, where he lived until 1980. He is the son of Zhang Qingxin, a former manager of a foreign trade enterprise, who has been a board member of some of his son's companies. In 1980, Cheung obtained residency in Hong Kong with the help of his father.

Career

Cheung started his career buying electronic goods, umbrellas, watches and cassettes in Hong Kong to resell in mainland China. As his wealth grew, he moved into property, buying agricultural land in the north of Chongqing, and using that to build Chongqing's first large housing project, ''California Garden''. Aged 29, Cheung had one of his companies, Yugang International, listed on Hong Kong's stock exchange. Cheung is the founder and chairman of C C Land. In March 2017, his Hong Kong-listed company C C Land bought London's

122 Leadenhall Street 122 Leadenhall Street, also known as the Leadenhall Building, Leadenhall Tower or informally the Cheesegrater, is a skyscraper in central London. It opened in July 2014 and was designed by Rogers Stirk Harbour + Partners. The informal name ref ...

from British Land and

Oxford Properties Oxford Properties is a Canadian multinational corporation, with operations in real estate investment, development and property management. Its portfolio includes office, retail, industrial, multi-residential, life sciences and hotel assets. Establ ...

(50/50 owners) for £1.15 billion. In January 2020, Cheung was in the process of buying 2–8a Rutland Gate a 45-room 62,000 sq ft mansion overlooking

Hyde Park, London Hyde Park is a , historic Listed building#Heritage protection, Grade I-listed urban park in Westminster, Greater London. A Royal Parks of London, Royal Park, it is the largest of the parks and green spaces that form a chain from Kensington P ...

from the estate of Sultan bin Abdulaziz Al Saud for between £205 and £210 million, which would make it easily the most expensive house ever sold in the UK. It is not yet known if Cheung intends to keep it as a single house or convert it into apartments, which might increase the property's value to as much as £700 million, according to a spokesman for Cheung.

Personal life

Cheung is a resident of Hong Kong.

References

{{DEFAULTSORT:Cheung, Chung-kiu Chinese billionaires 1964 births Businesspeople from Chongqing Living people Hong Kong billionaires Chinese businesspeople in real estate