Alexander Yeung Ching Loong, the son of Emperor Group founder Albert Yeung, has been appointed as an Executive Director and Vice Chairman of the Board of group subsidiary Emperor E Hotel Ltd – operator of Macau’s Grand Emperor Hotel and its satellite casino. The younger Yeung has also been appointed Chairman of the Executive Committee, according to a Hong Kong Stock Exchange filing.
The addition of Alexander Yeung to Emperor E follows the retirement of Wong Chi Fai as an Executive Director and as a member of the Executive Committee, while Vanessa Fan Man Seung has resigned as Chairperson of the Executive Committee although she will remain as a member.
The 38-year-old Yeung is already Executive Director and Vice Chairman of the Board of parent company Emperor International Holdings Limited, as well as being Chairman and Executive Director of group companies Emperor Culture Group Limited and Ulferts International Limited.
In its filing, Emperor E described him as having “years of experience in property investment and development as well as hotel operations and a wide range of management experience in various businesses covering entertainment production and investment, artiste management, film production, investment and distribution, cinema development and operations, financial and securities services, retailing of watch and jewellery, retailing and wholesaling of furniture as well as media and publication.”
It noted that Yeung is currently a member of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) and a member of the 14th Beijing Municipal Committee of the CPPCC.
Emperor E, which also owns and operates a number of hotels in Hong Kong, most recently reported a 17.3% increase in gaming revenue at Grand Emperor to HK$253 million (US$32.5 million) for the six months to 30 September 2024, buoyed by the resurgence of the Macau tourism market.
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