O r Wai Sheun is a Hong Kong property developer and the chairman of Kowloon Development Company. He took over the company, which was founded by his late father, Or Po Shing, in 1961. Under Or Wai Sheun's leadership, Kowloon Development has grown into a significant player in the Hong Kong and mainland China real estate markets.
The company's portfolio is diverse, encompassing the development of luxury residential properties, commercial buildings, and industrial estates. While it has a strong presence in Hong Kong, the company has increasingly focused on expansion into mainland China, undertaking large-scale residential and commercial projects in major cities. Or Wai Sheun has steered the company through various property cycles, maintaining its growth and profitability. His wealth is primarily derived from his family's controlling stake in the publicly-listed company.
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Or Wai Sheun is a Hong Kong businessman, the self-made billionaire Founder and Executive Chairman of Kaisa Group Holdings Ltd. (HKSE: 1638), a major property developer specializing in urban renewal and luxury real estate in China. His career is rooted in construction and real estate development.
Or's philosophical approach centers on scale, long-term land acquisition, and urban revitalization (redeveloping old city areas). His structural contribution is tied to the massive urbanization and housing development boom in China (especially in the Pearl River Delta region).
Or Wai Sheun's strategic leadership guided Kaisa Group's transformation into a major force in the Chinese real estate sector. He founded Kaisa Group in 1999, successfully executing a strategy of urban renewal development (acquiring and redeveloping old city areas) that was highly profitable. The company successfully executed its IPO on the Hong Kong Stock Exchange (HKSE).
His structural contribution is immense: providing large-scale housing and commercial infrastructure to China's rapidly growing cities. His career has been marked by major financial crises, including the 2015 debt restructuring and the 2021 liquidity crisis (a common challenge in the Chinese property market). His wealth is secured by the colossal, long-term, stable appreciation of his real estate portfolio.
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Founds Kaisa Group Holdings (Founding).
Kaisa Group executes its successful IPO on the HKSE (Financial Milestone).
Kaisa faces a major debt crisis and restructuring (Corporate Crisis 1).
Kaisa faces a liquidity crisis (Corporate Crisis 2).
Continues as Founder and Executive Chairman, guiding the massive real estate empire (Executive Oversight).
Or Wai Sheun's wealth is concentrated in his founding equity and continued executive leadership role in the publicly traded real estate giant, Kaisa Group Holdings Ltd. (HKSE: 1638).
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Or Wai Sheun's social impact is structural, stemming from Kaisa Group's role in providing essential housing and commercial infrastructure for China's massive urban population. His companies contribute significantly to urban planning and job creation. His personal philanthropy supports various community and educational initiatives.
His structural contribution is tied to the successful industrialization and scale of the Chinese real estate development sector.
Or Wai Sheun maintains the professional, pragmatic style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the high-stakes property sector.
Residing in Shenzhen, China, and Hong Kong, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to real estate development, strategic planning, and the long-term stewardship of the Kaisa Group empire.
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-0% | -$0.06M
-0.14% | -$15.88M
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