Cheung Chung-kiu or Zhang Songqiao (Шаблон:Zh; born 1964) is a Chinese billionaire businessman. He is the chairman of C C Land, Y.T. Realty and Yugang International.[1]
Cheung was born in 1964 in Chongqing, China, where he lived until 1980.[1][2][3] 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.[2] In 1980, Cheung obtained residency in Hong Kong with the help of his father.[3]
Career
Cheung started his career buying electronic goods, umbrellas, watches and cassettes in Hong Kong to resell in mainland China.[3] 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.[3]
Aged 29, Cheung had one of his companies, Yugang International, listed on Hong Kong's stock exchange.[3]
Cheung is the founder and chairman of C C Land.[4]
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 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.[6] 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.[6]
